**UNDER AGREEMENT** Auto Repair Shop Franchised, Major Brand

Worcester County, MA

**UNDER AGREEMENT** Auto Repair Shop Franchised, Major Brand
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Asking Price: $1,500,000

Cash Flow: $460,000

Gross Revenue: $1,800,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: N/A

**UNDER AGREEMENT** Auto Repair Shop Franchised, Major Brand

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Business Description

**UNDER AGREEMENT** This auto repair shop has enjoyed success in the same location in this upscale community. In 2017, revenues totaled $1,800,000 and the owner’s cash flow was $460,000. Being sold for retirement, it presents an opportunity for the buyer to step into a smoothly operating business that has generated an excellent income. The shop has a very good reputation and active marketing program. It is a franchise of a major brand that spends a significant amount on marketing. This Massachusetts inspection station, services about 400 vehicles a month. This is a source of revenues and new customers. Most of the shop’s customers regularly return when in need of services, and many of the company’s customers refer additional business to them.

This automotive maintenance and repair center specializes in servicing exhaust systems, brake systems and other automotive maintenance and repair services. The shop is in a highly visible and easily accessible location, on a major road.

The business has excellent equipment. It has the latest automotive scanners for diagnosing vehicles as well as the most recent inspection station workstation.

The owner works less than 20 hours a week in the business. The business employs 4 automotive technicians, another technician that primarily does inspections, a service writer, and clerk.

Attached Documents


Detailed Information

Employees:
6 FT
Facilities:
The business leases about 5,000 SF of space for service bays and reception are. The rent would be $12,000 per month/NNN
Growth & Expansion:
The space has the capacity to handle $1,000,000 more in revenue per year. In order to increase revenues to this level, the business needs 2 additional technicians and additional marketing.
Financing:
It is expected that a qualified buyer can obtain an SBA 7A loan with 10% or 20% down.
Support & Training:
Will be available by the seller
Reason for Selling:
Retirement
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(from currently available funds)
 
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Marc Gudema, CBI

Business Listed By:
Marc Gudema

BayState Business Brokers

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Memberships & Certifications:
Indicates membership in The New England Business Brokers Association (NEBBA).

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