Established Auto Repair and Used Car Sales

Salt Lake County, UT

Seller Financing Available
Established Auto Repair and Used Car Sales
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Asking Price: Get Financing: $295,000

Cash Flow: $132,550

Gross Revenue: $1,025,071

EBITDA: N/A

FF&E: $80,000

Inventory: $40,000*

Lease Rate: $4,000 /SF/Month

Established: 2005

*not included in asking price.

Established Auto Repair and Used Car Sales

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Business Description

This auto repair business prides itself on providing high quality and trustworthy service at a reasonable cost with ASE certified employees, and OEM parts. The spacious facility features six bays with oversized entry doors, a large fenced in lot, and adequate storage. They provide complete, full-service care for imported, domestic, and high-performance exotic vehicles including alignments, brakes, cooling, diagnostic, electrical, engine, exhaust, inspections, general maintenance, steering, suspension, and transmissions. They also are a licensed used car dealership with a niche in Japanese vehicles. The business has an experienced team including a manager, technicians, service writer, and used car sales experts.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
5,500
Lease Expiration:
N/A
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The current owner started this business in 2005 and has been at this current location since 2012. Historically, used car sales have represented a large percentage of sales. The owner has recently focused on higher margin auto service and repairs, while brokering only profitable used car deals.
Competition:
This business has the competitive advantage of being a locally-owned independent repair shop focused on building trusting relationships with its customers. Shuttle service and loaner vehicles are available. There are many competitive auto repair businesses in the immediate area, so good customer reviews are critical. This business has earned a 4.7 / 5.0 rating on Google, which is among the highest in the area.
Growth & Expansion:
This area has significant economic activity and a large volume of vehicles. Growth will come from adding another technician, increased advertising, adding tire sales, and targeting profitable used car sales niches.
Financing:
75000.00
Support & Training:
2 weeks
Reason for Selling:
retiring
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Arthur Warsoff

Business Listed By:
Arthur Warsoff

Transworld Business Advisors of Utah County

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