Auto Maintenance & Repair Shop

Not Disclosed, WA
King County

Asking Price: Annual Revenue:
$175,000 $311,083

Automotive & Boats: Auto & Truck Repair & Service

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RE: Auto Maintenance & Repair Shop Broker: Claudia Smith

Quick Facts

Asking Price: $175,000
Annual Revenue: $311,083
Net Profit: Not Disclosed
Cash Flow: $89,000
Total Debt: Not Disclosed
FF&E: $50,455
Real Estate: Not Disclosed
Year Established: 1978
Employees: 3
BBN Listing #: 77504955
Broker Reference #: 8002-16303

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Business Overview:

Consumers are keeping their cars longer and longer which makes the automotive repair industry a necessary business in the American economy. This is an excellent opportunity to own an established automotive service business with an excellent long term reputation. The shop provides all the full range of auto repair and maintenance with with 5 bays and all lifts and equipment to repair any type of automobile or truck The shop is located in one of the most affluent Eastside communities on a conveniently located busy thoroughfare. All associated furniture, fixtures, equipment, and inventory are included.

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Property Features and Assets:

The shop is outfitted specifically for automotive auto repair and general vehicle maintenance. There is 2,880 sq ft with monthly rent $5,741 including NNN. This shop includes 5 vehicle bays with with 3 lifts, a separate office space and waiting room for customers and a restroom. Assets = $55,455.00

Market Competition and Expansion:

The auto repair industry has plentiful competition from auto dealerships to franchises to independent auto repair and maintenance operations. The profitability of individual companies depends on a convenient location and good marketing. 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. 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 auto repair. The business is located in one of the most affluent and fastest growing communities with a prime location on the Eastside. Hiring more techs and expanding operating hours and days will also increase opportunities to grow revenues. More social media exposure and targeted marketing will help to drive growth.

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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