Profitable Import Auto Repair With Real Estate
Not Disclosed, WI Milwaukee County
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- RE: Profitable Import Auto Repair With Real Estate
- Contact: Patrick McAdams
Quick Facts
| Asking Price: | $899,000 | |
| Annual Revenue: | $452,931 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $219,897 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $20,000 | |
| Real Estate: | $650,000 | |
| Year Established: | 1998 | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 938214 | |
| Broker Reference #: | 4102-18197 |
Business Overview:
Overview: This Owner operated well established import auto repair center has a steady customer base and year over year consistent financials.
Specialization: The automotive repair shop focuses exclusively on European imported cars, setting it apart from the competition and creating a niche market presence.
Owner's Expertise: Boasting three decades of experience, the owner brings unparalleled expertise to the business, ensuring a high level of trust and customer satisfaction.
Financial Performance: The business consistently generates $350,000+ in annual revenue, with an owner's benefit of $165,000 per year. This demonstrates not only stability but also the potential for growth under new ownership. There is an additional $58,000 in cash flow from rent the owner pays to himself.
Turnkey Operation: The business is fully turnkey, requiring minimal effort for a new owner to seamlessly take over operations. All that's needed are the buyer's own tools.
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Property Features and Assets:
The owner of the business also owns the building and pays themselves rent, which is not included in the discretionary earnings. Prime Location: Situated on a busy road with high visibility, the repair shop benefits from a location that attracts a steady flow of customers. Facility: The property is +/-5,800 square feet. There are 10 available bays for repairs. 4 of the bays are equipped with hoists, and one bay has a Hunter Drive on Alignment machine. This provide ample capacity to handle multiple service requests at the same time. There is room to install two or three more lifts depending on how a buyer would like to organize the shop. It also has 3 drive in doors. There are floor drains throughout the shop. The shop also has an excellent exhaust system. The facility is incredibly clean and organized.
Assets = $670,000
Market Competition and Expansion:
Market Expansion: With a specialized focus on European cars, there's room for expansion by tapping into a growing market segment.
Marketing Potential: Leveraging the current high visibility, a new owner can implement a marketing campaign to further enhance the business's presence.
Reason for Selling:
The owner would like to retire.
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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