Complete Auto Care Center With Inspection Licence

Suffolk County, NY

Seller Financing Available
Complete Auto Care Center With Inspection Licence
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Asking Price: $275,000

Cash Flow: $176,885

Gross Revenue: $353,940

EBITDA: N/A

FF&E: $127,000

Inventory: $95,000

Rent: $6,250 /Month

Established: 1985

Complete Auto Care Center With Inspection Licence

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Business Description

34 years in business, 5 star internet rating, relocating out of state

This is a well run well organized profitable turn key business operation that is a "one stop shop" from auto repairs to transmission repairs and a NYS Inspection Station. We currently use MICHELL1 PRO DEMAND internet based repair information center and we are working on implementing the MICHELL1 management system as well. The shop has recently updated to all LED lighting creating a cost savings on the electric bill and the bulbs have a much longer life. We also have a new 24 hour surveillance camera system with monitor, that you can view and play back from your smart phone and holds recordings up to two weeks, along with a central station building alarm system with police response. The building size is 3,200 sq. ft. with plenty of parking along with a storage area that is directly in back of the shop and is also 3,200 sq. ft. The parking lot surface was recently seal coated along with all curbing and corners of building, window sills and striping all in yellow. The building stands out and looks new with the black and yellow highlight. This large shop has four bays that are all relatively new, ranging from 5k pounds up to 18k pounds of lifting capacity, oversized trucks are accommodated on our end lift, and we just purchased a brand new commercial grade tire and balancing machine... There is a climate controlled waiting room that can seat up to six people with WI-FI, TV, and a clean restroom at all times. The shop is heated by a Lanair heater that is fueled by used motor oil, so there is "NO COST" of heating fuel to heat the shop with a cost savings of approximately $5K per year. There is also an 80 sq. ft. clean private furnished office that is separate from the waiting area. Besides the owner the business has two experienced technicians one of which is a highly skilled transmission rebuilder with over 30 years experience. We have a list of customer base that stem from wholesale accounts and town accounts, as well as first time customers (averaging 10-20 new customers per month) and continuous repeat customers. We also provide a pick up and drop off service for convenience to all of our customers. We have a five star rating on yelp with great reviews, and advertise on Google, Instagram, Facebook, and Open Bay (an online market place for auto repairs) that receives numerous calls each day. This business has a very attractive website that is professionally maintained, monitored, and updated on a monthly basis that receives approximately 200 page views per month. We also maintain a strong business relationship with other auto care facilities in the area and receive referrals from them. We are an authorized UHAUL dealer and an ignition interlock installer that provides additional revenue and new customers to the location. This Auto Care Facility has been in the same location for 34 years and has become a land mark. The owner is currently collecting 2K each month with renting the back lot (the person is never there) and one bay for approximately 20 hours a week, sweet deal... Since this location is in a high visibility area, becoming a car dealer would be ideal!

Detailed Information

Location:
Suffolk County, NY
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
3,200
Lease Expiration:
5/25/2025
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
We have 7 years remaining on the lease with the option to renew for 10 years.
Competition:
This business enjoys a stellar reputation in the industry, like all service businesess there is competition. Current owner has an "edge" over competitors due to the oustanding customer relations the business has built over the past 34 years, providing quality services at reasonable prices.
Growth & Expansion:
Owner continues to grow the business annually and has a proven financial track record. When the buyer follows this business model they will continue to grow. This business has a tremendous amount of growth opportunity... The 3,200 sq. ft. fenced in yard in back of the shop can be utilized for other revenue. You also can add several other services to this business such as used car sales, paintless dent removal, etc... the possibilities are endless...
Support & Training:
The owner is willing to stay on for a transition period to be agreed upon to ensure continued success, after which he will be available, if needed, on a consultation basis.
Reason for Selling:
The owner is relocating out of state
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Business Listed By:
Michael Ingoglia

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