Profitable Auto Repair & Service Shop

Not Disclosed, MI
Chippewa County


Asking Price: Annual Revenue:
$740,000 $1,430,000

Automotive & Boats: Auto & Truck Repair & Service


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RE: Profitable Auto Repair & Service Shop Broker: Max Friar
Owner Financing is Available!
Limited seller-financing is available for qualified buyers.

Quick Facts

Asking Price: $740,000
Annual Revenue: $1,430,000
Net Profit: Not Disclosed
Cash Flow: $260,821
Total Debt: Not Disclosed
FF&E: $328,611
Real Estate: $500,000
Year Established: 1997
Employees: 11
BBN Listing #: 329445079
Broker Reference #: 734

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Business Overview:

This is a profitable (consistent $250,000 cash flow) company located in a bustling UP Michigan city.

Known for their professionalism, honesty, and transparency, this decades-established auto repair shop services all makes and models of vehicles. These values are the ‘chassis’ that drive the high quality, fair service that the Company if known for.

The Company is a AAA Professional auto repair shop, as well as a Gold-certified NAPA AutoCare Center.

The owner would like to carefully transition into retirement. He is backed by a solid team of loyal and dedicated service writers, techs, and administrative help including two technicians who have been with the business over 20 years.

The Company’s revenue and cash flow have remained very stable, despite COVID. The area is expected to experience growth over the next decade, with many new residents arriving to support the growing infrastructure projects. Now is the perfect time to invest in a solid company in this area, before the growth trend picks up.

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Property Features and Assets:

5,600 square feet facility; 8 bay-garage and small office.

Market Competition and Expansion:

Investment Highlights Include: (1) Stellar reputation rooted in consistently high-quality work. (2) Honesty and transparency of services; technicians are qualified and knowledgeable. (3) Demand for auto services are expected to greatly increase with local infrastructure developments. Growth and Expansion Highlights: (1) Local demand for auto technicians is high; growth may be limited by availability of qualified technicians. (2) Potential to add tire sales. (3) Add capability to service electrical vehicles.

Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Relevant Links:

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