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- RE: Established And Profitable Auto Repair Center
- Contact: Gail Liu
- License #: BK3236364
Quick Facts
| Asking Price: | $1,850,000 | |
| Annual Revenue: | $800,000 | |
| Net Profit: | $170,000 | |
| Cash Flow: | $175,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $50,000 | |
| Real Estate: | $850,000 | |
| Year Established: | 1989 | |
| Employees: | 4 | |
| BBN Listing #: | 152163963 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
We are a state of the art automotive repair center and boast a 4.8 star Customer Satisfaction rating on multiple sites. This is our 30th year in business in the same location. Our revenue mix is 99% retail and 1% wholesale. The shop is located directly in the middle of a highly coveted historical downtown in a quaint city on the west coast of Florida. There are 4 employees: 2 full timeline technicians, a full time general manager/service advisor in the front office and the owner. The shop is equipped with a master server, and 4 separate computer stations, individual hand tablets for the technicians to interface within the system and an on-line digital inspection program that delivers reports and pictures to our clients in real time to their smart phones. Our business has grown nearly 50% over the last five years and has continuously generated positive cash flow. The success of our business can be attributed to placing a high emphasis on customer service, satisfaction and continuity.
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Property Features and Assets:
The property consists of an 1,852 square feet, one story, concrete block building that was constructed in 1949. The property has a reception area/waiting room, one office, and a two bay automobile service area with two overhead doors in the front and one overhead door in the rear and is on a .37 acre corner lot in a superior downtown location. The building was fully remodeled in 2007 at a cost exceeding $250,000. In addition, the building is ADA compliant, has 2 electric racks, multiple battery chargers, 5 scanners, engine stands, a 20 ton press, A/C machines, torches and transmission removal equipment.
Market Competition and Expansion:
There are multiple small repair shops and national chains in the market. Expansion at the current location is limited. However, the population of Charlotte County has increased over 300% since 1980 and 18% in the last 10 years. It is expected that the business will grow commensurately as demonstrated by historical growth.
Reason for Selling:
Retiring
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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