Absentee Owned Award Winning Profitable Foreign Automotive Maintenance Business - SC2167

Business Overview:

This Northern California based foreign automotive maintenance business is a California Limited Liability Company and was formed 38 years ago and has been under current ownership for the past 8 years. This business offers a full and wide range of services for vehicles, including repair, overhaul or replacement of numerous items including brakes, fuel injectors, engines, transmissions, water pumps, air conditioning, drivelines, axles, timing belts…and the list goes on. They specialize in Toyota, Lexus, Honda, Acura, Subaru, Nissan, Kia, Hyundai and Mazda – all Asian imports! From major mechanical work to basic service, their ASE certified technicians can do it all. They have all the latest technology for computerized cars but also the equipment to service older cars. They have been voted the Best Auto Repair business over 10 times in recent years. With six lifts, they are continuously busy but have great turnaround on repairs.CA 02100708NV 1003039

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Market Competition and Expansion:

According to Allied Market Research, the automotive industry in North America will reach a market size of $78.4 billion in 2022.Data from the industry experts at IBIS show that in 2021, the U.S. automotive industry put 15 million new cars on the road. Nationwide, 282,637 automotive repair companies are currently in business, with 614,433 employees across multiple disciplines. CAGR is projected to hover right around 7% through 2030.

Reason for Selling:

The Seller is selling to retire.

Additional Details:

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