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Business For Sale
AUTO REPAIR SHOP
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Asking Price: |
$259,950
USD USA Dollars
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Business for Sale Industry: |
Auto & Mech: Services & Gas Stations
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Reason for Selling:
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Owner wishes to retire |
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Year Established:
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1995 |
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# of Employees:
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2 |
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Yearly Revenues:
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$160,000 |
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Yearly EBITDA:
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$80,000 |
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Yearly Net Profit:
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$80,000 |
Business for Sale Overview:
Offered for sale is a 13 year old successful auto repair business located in the downtown area of prestigious Redmond (Microsoft country). The business focuses on general repair of all automobiles including electronics, tires & brakes, engine repair and minor mechanical. At present there are 2 bays available with 1 lift. Owner is grossing $160,000 per year and netting $80,000 per year. The City of Redmond restricts the number of auto related businesses in the downtown through restrictive zoning, so this type of business is always in high demand. Bring your auto tools!
Property Features and Assets:
Located in a business park dedicated to automotive support and repair. Located on the main street in the middle of town.
Market Competition and Expansion:
Not much competition owing to tough zoning! The current owner does little in the way of advertising and is still very busy owing to 'word of mouth' and repeat customers. Start an advertising campaign and this business will grow further.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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