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Very Profitable Auto Service Shop with Growth Potential

Marietta, GA (Cobb County)

Very Profitable Auto Service Shop with Growth Potential
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Asking Price: $274,000

Cash Flow: $50,500

Gross Revenue: $536,000

EBITDA: $50,500

FF&E: $19,000

Inventory: $15,000

Rent: $3,900 /Month

Established: 2016

Very Profitable Auto Service Shop with Growth Potential

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Business Description

A very profitable busy automotive service shop. Excellent location has over 20,000 cars per day traffic count. Shop has 5 lifts and 7 bays. Large repeat business -growing every week. Shop at same location since 2014. A very clean and organized run business. Shop does a large volume of Emission testing -which could, be increased. Parking for over 35 vehicles outside. New owner could do some basic advertising to boost top line sales revenue.
Earnings
2018 $ 50,500
2017 $ 68,000
2016 $ 45,000

Emission Sales approximately $6,000 to $8,000 per month -MOSTLY CASH
Doing emission testing on 300 to 400 cars per month at $20 each

Showing great growth.
Seller is motivated

Detailed Information

Location:
Marietta, GA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,500
Lease Expiration:
N/A
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Five lifts, seven bays, all lifts function fine.> Great location on a busy street. Retail shop up front- great showcase for wheels and tires for sale Yard netx door is leased for $1300 per month for extra parking. All leases are month to month
Competition:
Auto service always has competition- this company has filled a niche based on honesty, reliability and excellent customer service.
Growth & Expansion:
Hours now are only M- F 8 to 5, Sat 8 to 1 . New owner could hire a few more mechanics an extend weekday hours to stay open to 8 PM and Consider opening Sunday. Even without extending hours shop could 1 or 2 more mechanics part time or full time.
Financing:
10%
Support & Training:
TWO WEEKS - OR NEGOTIABLE
Reason for Selling:
Owner has other business interests
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James McGeehan

Business Listed By:
James McGeehan

Ensure Capital

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