Independent Tire and Auto Service Business for Sale

Albuquerque, NM (Bernalillo County)

Independent Tire and Auto Service Business for Sale
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Asking Price: $395,000

Cash Flow: $131,186

Gross Revenue: $882,109

EBITDA: N/A

FF&E: $101,960

Inventory: $15,000

Rent: $3,709 /Month

Established: 2017

Independent Tire and Auto Service Business for Sale

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Business Description

Great Albuquerque Location on Busy, Major Street with High Traffic Count

This garage shop has been a destination for auto repairs for over 50 years. The business enjoys a high visibility, high traffic location near a major intersection in a commercially dense area. Recent investments in furniture, fixtures and equipment make this a turnkey opportunity to provide the full suite of auto services.

Known for its friendly service and competitive pricing, the business offers new owners the following advantages:

• Direct frontage on major, high-traffic road
• Remodeled showroom and baths
• 7 bays
• 11 Lifts, including 2 post lifts, 5 pad lifts, and 2 scissor lifts
• Equipment in place to handle a variety of auto repairs
• Cloud-based POS system
• Customers drawn from Albuquerque, Rio Rancho and Belen
• Word of Mouth referrals and a strong customer base that has minimized the
need to advertise
• Competitive Pricing
• Repair Work - 50%; Tires & Service – 30%; Oil Changes- 20%
• Featuring top and value brand tires
• Most customer interactions handled by manager and staff
• Clean books and minimal add-backs
• Sales average $73,500 per month

Attached Documents


Detailed Information

Location:
Albuquerque, NM
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
5,500
Lease Expiration:
5/31/2021
Employees:
6 FTE
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Favorable lease in a commercially dense area. Direct frontage onto a major surface street near a major lighted intersection. An estimated 15,784 vehicles pass by this location daily. Standalone 5,500 SF shop with 7 bays, 11 lifts. Easy ingress/egress, dedicated parking, fencing.
Competition:
New owners will step into a business with a reputation for fair pricing, good work, fast turnaround and friendly service. Customers have been coming to this location for their family’s auto needs for 25 years.
Growth & Expansion:
New owners can supplement this business’ organic growth through modest investments in generating a stronger online presence. Outreach to secure large commercial accounts can further grow this business.
Support & Training:
The Seller is dedicated to providing a smooth transition. Up to three weeks of training will be provided. A skilled staff will provide ongoing support.
Reason for Selling:
Seller will retire,
Business Website:
http://www.sunbeltnewmexico.com
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Michael Greene

Business Listed By:
Michael Greene

Sam Goldenberg & Associates

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