Sky Valley Auto

Sultan, WA (Snohomish County)

Seller Financing Available
Sky Valley Auto
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Asking Price: $1,450,000

Cash Flow: N/A

Gross Revenue: $400,000

EBITDA: N/A

FF&E: $180,000

Inventory: $30,000

Real Estate: $1,100,000

Established: 1968

Sky Valley Auto

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Business Description

Profitable automotive business with real estate included. The Auto Shop has been in business for 50 years. Current owner has owned & operated the shop for the last 23 years. Over the years Sky Valley Auto has created a loyal following of customers from Monroe, Sultan, Start Up and Gold Bar. With all the new construction in Monroe and Sultan the business is sure to increase. Currently the shop is booked out at least a month in advance. Sky Valley Auto has started to do restoration of vehicles. This has been a profitable addition to the shop. The shop has the equipment to fix almost anything on most vehicles with the exception of bodywork and paint.
Seller is willing to carry a small contract for the shop. Contact Broker for more details.
Shop has two 2 bedroom apartments above the shop that have been easy to rent. Current rents are $900/month and $1000/month. The apartments are 900 SF and 1000 SF.
The seller poured foundation walls in the back of the building when the shop was expanded in 2011. If the new owner is looking to expand the beginning stages are ready to go.

Attached Documents


Detailed Information

Location:
Sultan, WA
Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
6,540
Employees:
7
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Large facility with 3 bay doors, side yard, 7 hoists, everything you need to have a successful auto shop. Two 2 bedroom apartment units above the shop that are easily rented.
Competition:
Limited competition in town. 2 other auto shops. Located only 6 miles from Monroe. Popular place. Many locals have their vehicles serviced here
Growth & Expansion:
Sultan is experiencing a growth spurt. 500+ new home permits. The town is expanding. Owner currently has a 2 week back log of work. Very popular and established auto shop. Room to expand the business.
Financing:
up to $300,000
Support & Training:
Seller willing to train new owner on day to day operations.
Reason for Selling:
Retirement
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Contact the Seller

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Aaron Zehm

Business Listed By:
Aaron Zehm

Windermere real estate

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