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Auto Repair Shop, located in East Central Indiana

IN

Auto Repair Shop
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Asking Price: $195,000

Cash Flow: $66,000

Gross Revenue: $480,000

EBITDA: N/A

FF&E: N/A

Inventory: $2,500*

Rent: $5,050 /Month

Established: 2006

*not included in asking price.

Auto Repair Shop, located in East Central Indiana

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Business Description

This auto repair shop located in East Central Indiana offers repair and maintenance services. They have an excellent reputation built over 13 years of business. They are a full-service shop offering services such as lube, oil and filter changes, brakes, alignments, exhausts, etc. The shop repairs all ages, makes, and models. They offer reliable services at affordable prices.

As the new owner of this auto repair shop located in East Central Indiana, you get:

• Three bays and three lifts
• Waiting area and office
• Highly skilled mechanics
• Reputation built on honest, high-quality work
• Loyal repeat customer base
• Industry awards and certifications
• Room to expand

Since it sits on a very busy street corner, the auto repair shop has great visibility. Nearby businesses draw-in many customers. As a result, the daily traffic count is over 6,000 vehicles. Located on a major route, commuters drop off their vehicles on their way to work. They don’t have to wait since the shop has early hours, shuttle service, and car rentals. However, if they choose to, customers can wait in a comfortable lounge area. They can relax and watch TV. They can use free Wi-Fi, too.

The auto shop’s reputation is outstanding. They have certifications from ASE and NAPA Auto. Also, they have approval from AAA. This is due to their excellent work and pricing. Because of the certification, they back all work with a “2-year/24,000 mile” nationwide warranty. Once customers see this, they know they are in good hands!

Even though the Seller is retiring, the auto shop has many years of growth to come. The Seller believes a new owner could do the following to grow the business:

• Add extra bays
• Offer extra services like window tinting, aftermarket accessories, etc.
• Expand hours
• Use the website and social media to get new customers
• Develop relationships with insurance companies to handle claim work

You can live out your dreams of owning an auto repair shop with this one! Talk to your broker today to find out how!

The Seller owns the real estate. The business facility is approximately 2,500 square feet. The Seller will charge a monthly rent of $5,050 which incudes property taxes, insurance, and CAM charges. The Seller and Purchaser will negotiate mutually agreeable terms for the lease, including options. Should Seller choose to sell the real estate, a first right of refusal will be extended to the Purchaser to acquire the land and building.

Attached Documents


Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
2,500
Lease Expiration:
N/A
Employees:
2 FTE, 1 PTE
Facilities:
2,500 sq. ft. leased space
Support & Training:
Seller will negotiate a transition period
Reason for Selling:
Retirement
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Indiana Business Advisors

Business Listed By:
Indiana Business Advisors

Indiana Business Advisors

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