Auto Exhaust, Brake and Radiator Business

Not Disclosed, WA
King County

Asking Price: Annual Revenue:
$149,000 $340,422

Automotive & Boats: Auto & Truck Repair & Service

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RE: Auto Exhaust, Brake and Radiator Business Broker: Claudia Smith

Quick Facts

Asking Price: $149,000
Annual Revenue: $340,422
Net Profit: Not Disclosed
Cash Flow: $65,485
Total Debt: Not Disclosed
FF&E: $45,000
Real Estate: Not Disclosed
Year Established: 2004
Employees: 2
BBN Listing #: 48524955
Broker Reference #: 8002-14994

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Business Overview:

This Auto Mechanic business is a 15 year old seasoned repair destination situated on the affluent Eastside. This well known, turnkey automotive service and repair business has a solid track record of consistent revenues even during COVID. Customers rely on this business for preventative maintenance and scheduled services. Specialties include diagnosing and installing aftermarket and performance exhaust and emissions components and providing light under-car repair and service. The shop is located close to several affluent neighborhoods in a very clean, large commercial space. All associated furniture, fixtures, equipment and inventory are included.

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Property Features and Assets:

The custom built auto repair shop is contained in a 2,750 square feet space with a rent of $4,500 per month. Outfitted with 4 bays with lifts, office furniture, fixtures and equipment specific to welding and fabricating exhaust systems and general vehicle maintenance. The facility has office/waiting room space, 2 bathrooms, as well as a break room for the employees. Located on a busy main street near several affluent neighborhoods, there is an off street parking lot and great exposure to the main thoroughfare. Assets= $66,000

Market Competition and Expansion:

The business' closest competitor is 8 miles away. The United States has one of the largest automotive markets in the world and due to technological advancements in vehicles, the length of vehicle ownership for new and used vehicles has increased 60% in the last ten years. Today's consumers are keeping their vehicles longer and are more aware of the importance of preventive maintenance and scheduled service to maximize the lifetime value of their vehicles. The increasing age of the vehicle population has been a positive aftermarket trend for a long time, and the trend has accelerated greatly over the past six years. Today, it stands at a record-high 11.3 years for passenger cars and light trucks combined, representing a 14% increase since 2007. 75% of aftermarket auto repair is performed by independent auto repair shops. Also, the increase in the sales of passenger cars leads to an increase in demand for automotive exhaust system units. The consistently increasing population of the area drives new business. Hundreds of new residential units will roll out over the next 5-10 years, which will attract potential new customers. Marketing programs and promotions targeting the existing customer base will boost business, and sponsorship at local car shows will increase exposure. Networking and relationship building with local dealerships would drive increased business to the aftermarket performance exhaust system segment of the business.

Reason for Selling:

Owner is retiring.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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