Profitable Automotive Repair & Lube Business

Reading, PA (Berks County)

Profitable Automotive Repair & Lube Business
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Asking Price: Get Financing: $365,000

Cash Flow: N/A

Gross Revenue: $680,000

EBITDA: N/A

FF&E: $100,000

Inventory: $16,000

Lease Rate: $2,647.92 /SF/Month

Established: 1999

Profitable Automotive Repair & Lube Business

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Business Description

PRICED TO SELL ON CORNER PROPERTY AT BUSY LOCATION!!

TIRED OF MAKING SOMEONE ELSE RICH?
If you are an Automotive Technician, Automotive Service or Parts Manager...maybe NOW IS YOUR TIME.
Business has averaged $787,232 in gross sales per year and with a mechanic/owner you could increase your net profit to $166,270K per year plus a $65K salary!!
It would cost you over $500k to start this from scratch!
$100K in equipment, $16k in inventory.
Highly Sought after location. It has over 65,000 cars/trucks pass by on a daily basis...When looking for a business the #1 key to success is...location, location, location.

We have the established clients, traffic, documented systems & procedures in place. Step right in and start earning money right away. Currently have 2 lube techs and 3 licensed mechanics who could stay if you wanted. Total of 5 bays (3 auto repair, 2 quick lube). This is a complete Full Auto Care center including tires, brakes, state inspection, air conditioning repair.Seller will provide training on systems and procedures for smooth transition period. This business has been here for over 25 years..
8 Year Lease in place!

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,400
Lease Expiration:
7/1/2026
Employees:
7
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Facilities are leased (8 years left) Assets = Inventory totaling $15K
Competition:
65K cars pass by our established business everyday, along with repeat customers. Competition - we have outlasted and beat the competition.
Growth & Expansion:
Growth - the right owner can expand the business even more by performing work on fleet accounts, increasing sales in lube area by better monitoring of staff to perform better inspection of vehicles
Support & Training:
Support and training will occur for a smooth transition for a period of 2 -4 weeks.
Reason for Selling:
private
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Business Listed By:
Steve Liptock

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