Seller's Contact Information
- RE: Auto Repair And Maintenance
- Contact: Michael Hamilton
Quick Facts
| Asking Price: | $1,550,000 | |
| Annual Revenue: | $507,569 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $78,537 | |
| Total Debt: | Not Disclosed | |
| FF&E: | 93,753 | |
| Real Estate: | $1 | |
| Year Established: | 2017 | |
| Employees: | 6 | |
| BBN Listing #: | 48554955 | |
| Broker Reference #: | 7401-17229 |
Business Overview:
This Auto Repair has been in business for 5 years and has certified diesel, gas and hybrid mechanics; they can repair any make and model. The company offers a full range of services to vehicle owners located in Northern Utah.
All the services are performed by highly qualified technicians able to handle any automotive problem.
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Property Features and Assets:
The 6,150 square feet building is located on a 0.48 acre lot. The facility has 6 operating auto bays and is fully insulated and very energy efficient reducing typical heating and A/C. The building also has a reception and customer sitting area as well. The Building and Land is including them in the purchase price. Assets = $1,593,753
Market Competition and Expansion:
There are approximately 1,400 auto shops located in the surrounding area. Clearfield has 48 auto shops within this small city. The company has a solid and loyal customer base in this highly competitive market. Management has provided training to the mechanics to keep up the newest automotive systems. With increased marketing efforts through internet channels as well as traditional direct marketing and advertising, the business can easily double and still maintain a scalable expense level.
Reason for Selling:
To pursue another opportunity.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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