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Established 4 Bay Auto Repair Shop

Va Beach, VA (Virginia Beach City County)

Auto Repair Shop

Asking Price:$408,000

Cash Flow:$70,000

Gross Revenue:$386,000

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Real Estate:N/A

Established:1991

Established 4 Bay Auto Repair Shop

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Business Description

Business, Equipment & Real Estate

Turn key operation includes real estate, equipment, inventory and business. Established customer base of 25+ years.

Successful and still growing with a strong customer base, high customer referrals and positive income.

This shop offers complete auto repair, maintenance, service and rebuilds for all makes and models, European and Domestic, Classic and Current.

This business is centrally located on almost half an acre with plenty of parking. This property sits half a block off 2 major thoroughfares between a grocery store and other local businesses. Brick and block building. 4 Bays with permanent/secured lifts of various sizes & duties, reception area, tech office, separate rebuild room, storage and more. Landscaped and curbed lot with 18 parking spots plus front lawn and street for overflow.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
2,100
Employees:
4
Facilities:
7x18 ft rebuild (or multi use) room. Recycled Oil Heater. AC/Heat in offices & baths. Compressor & plumbing with easy access in bays. Wall mounted spring compressor. Office/customer/reception area w/dividing counter, desks & cabinets. Customer bath, employee bath. Tech office w/computer, scrub sink, table, micro & fridge. Storage area for filters, fluids & equip. Ladder access to above storage. Fenced area back of bldg w/shed. City Util, sewer, well water. Cement pad, paved lot. Security cameras inside & out with large outside security lightening.
Competition:
The shop's focus for the last decade is to win the trust of the female market which is now 52% of the customer base and has the highest referral rate. This business also has a high military customer base and offers military discounts. This shop is also highly referred by other shops and local auctions.
Growth & Expansion:
Successful customer base and still growing
Support & Training:
Owners and staff willing to stay for 1-3 months during transition and/or rehiring.
Reason for Selling:
Owner is retiring and relocating

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Business Listed By:
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