Business For Sale

87056_BK_Auto Lube_ & State Inspection Station

Sandston, VA
Henrico County


Asking Price: Annual Revenue:
$95,900 $85,000

Automotive & Boats: Auto & Truck Repair & Service


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RE: 87056_BK_Auto Lube_ & State Inspection Station Broker: Bill Kelly

Quick Facts

Asking Price: $95,900
Annual Revenue: $85,000
Net Profit: Not Disclosed
Cash Flow: $42,000
Total Debt: Not Disclosed
FF&E: $4,000
Real Estate: Not Disclosed
Year Established: 1994
Employees: 1
BBN Listing #: 349343891
Broker Reference #: 9525-87056

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Business Overview:

Excellent opportunity to own a well-established 3-bay Auto Lupe & State Inspection Service Center, located on busy intersection.

It has been in continuous operation for 15 years with high repeat sales from loyal retail and commercial accounts.

Although there are other auto repair shops the area, this is the only Lube and Inspection specialist. The state inspection certification brings in a great deal of repair work but the current owner refers it out due to health reasons.

This would be a tremendous opportunity for an experienced auto technician to bring in additional revenue and expand the business through the state inspection process. Owner says "Expanding services to include breaks,exhaust, linkage, shocks, and converters, etc would easily double revenue".

Gross Sales Per Yr: $85,000
Cost Of Goods Per Yr: $21,970 (75% GP)

Expenses:
Rent : $16,800
Insurance: $750
Phone: $1,500
Utilities: $1,980

Net Per Yr: $42,000

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Property Features and Assets:

Established in 1994 and has been in continuous operation at the same location. Owner is retiring.

Market Competition and Expansion:

There are several auto service competitors within a 5 mile radius, however this is the only business specializing in oil changes. Potential Growth The state inspection certification brings in a great deal of repair work that the current owner refers out because he is not physically able to do the work. Expanding services to include breaks,exhaust, linkage, shocks, converters etc would bring in much additional revenue.

Reason for Selling:

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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