Established Auto Repair - Absentee-Owned

Business Overview:

Established automotive repair business with 28 years of operating history, offering an opportunity to acquire a well-established operation with an absentee ownership structure and multiple avenues for growth. The business currently generates approximately $787,592.73 in gross sales and $216,455 in net income, providing an established financial foundation for a qualified buyer. The shop services domestic, import, and Japanese vehicles and features six service lifts and two diagnostic technicians. The operation is not currently 2G certified and does not have an alignment rack, alignment equipment, tire machine, or wheel balancer, providing identifiable opportunities for a new owner to expand the services offered and capture additional revenue. The property also includes a separately leased space occupied by a tire shop. The tenant currently pays $3,500 per month under a five-year lease, providing the business owner with an additional $42,000 in annual rental income. The current owner has identified additional growth opportunities, including adding alignment services through the purchase or lease of alignment equipment and expanding into heavy-duty vehicle repair and servicing. These opportunities could allow a new owner to broaden the customer base and increase revenue. The shop's existing equipment is described as straightforward to operate, with no major equipment requiring specialized training Individual technicians own their personal hand tools. With nearly three decades of operating history, absentee ownership, strong reported earnings, six service lifts, established diagnostic capabilities, and additional rental income, this is an opportunity for a qualified buyer to acquire an established automotive repair business with room for continued growth. Confidential sale. NDA and proof of funds are required prior to releasing detailed business information.

For a quick response to your inquiry, please call listing agent Carmelita Smith (RE S.0175095.LLC Business Broker Permit #BUSB.0007258).

Contact the Seller:

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Property Features and Assets:

This is a leased location of 2,100 square feet with a Total monthly rent of $6,356. Lease ends 06/2036. Seller is not active in the business however there are 3 FT employees. Hours of operation are 8am - 6pm, Monday - Saturday. $10,000 in inventory and $150,000 in FF&E included in the asking price. $80,000 made in leasehold improvements. 

Reason for Selling:

Retirement. Kindly ask the seller for more information.

Additional Details:

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