Independent Auto Repair & Auto Sales - Hot Listing

Not Disclosed, WA
Pierce County


Asking Price: Annual Revenue:
$1,250,000 $1,954,205

Automotive & Boats: Auto & Truck Repair & Service


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RE: Independent Auto Repair & Auto Sales - Hot Listing Broker: Aaron Muller

Quick Facts

Asking Price: $1,250,000
Annual Revenue: $1,954,205
Net Profit: Not Disclosed
Cash Flow: $434,984
Total Debt: Not Disclosed
FF&E: $89,910
Real Estate: Not Disclosed
Year Established: 2003
Employees: 4
BBN Listing #: 640330494
Broker Reference #: ahmpauto

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Business Overview:

Established in 2003, this is a non-franchise, extremely successful auto repair and auto sales business in Pierce County, WA. Approximately 60% of the revenues come from auto repair, and 40% from auto sales. The two sides of the business complement each other. About 90% of the customers that purchased a car from the auto sales side become repeat customers of the auto repair side, and the auto repair technicians are able to handle the repairs needed to get used vehicles ready for sale. The auto repair side works on 47 cars per week on average with an average Repair Order (RO) of $475. The auto sales side purchases vehicles from private parties and auctions, and sells about 70 cars a year in the $8,000-to-$11,000 price range. The company is staffed by one full-time service advisor, two full-time auto technicians, and one part-time auto technician / backup service advisor. After 18 years of owning the business, the owners are ready to retire. This is an excellent opportunity to take over an extremely profitable auto repair and auto sales business, enjoy the cash flow, and grow it to the next level.

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Property Features and Assets:

The company leases two locations in Pierce County: one location is the auto repair shop, and the second location is the showroom for auto sales. Both locations are well-located and highly convenient for customers. Rent on the auto repair shop is $6,823 per month + water and garage. Rent on the auto sales showroom is $3,350 per month + NNN. Five company vehicles and all furniture, fixtures, and equipment are included in the asking price. Inventory is in addition to the asking price. The auto sales side has approximately $80,000 in car inventory, and the auto repair side has approximately $35,000 in inventory.

Market Competition and Expansion:

Having been established for 18 years, this is a landmark business in the community. The business is very well-known. The business gets a lot of word-of-mouth referrals due to the exceptional service it provides. This is a highly profitable business with steadily growing revenues and profits every year. The business hardly does any advertising (only 0.5% of the company’s revenues are spent on advertising). Other than sending reminder postcards to customers to get them in for regular service, the company does not do any online or social media advertising. The owners have been relying exclusively on their loyal customer base and word-of-mouth. A new owner with fresh energy can build on the company’s stellar reputation, focus on marketing, and grow revenues and profits to the next level.

Reason for Selling:

Retirement.

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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