Seller's Contact Information
- RE: Local Loved Auto Repair & Tire Business- $1M Rev.
- Contact: JT Tatem
Quick Facts
Asking Price: | $270,966 | |
Annual Revenue: | $1,058,081 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $109,608 | |
Total Debt: | Not Disclosed | |
FF&E: | 142,261 | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | 9 | |
BBN Listing #: | 674451471 | |
Broker Reference #: | 52661-804004 |
Business Overview:
$1M Auto Repair & Tire Biz-Buy @ Property $1.45M, Business $270K
Ready for the next generation to come and build on $1M in sales. And own the appreciating land and HIGH TRAFFIC location and real estate for additional purchase at $1,450,000.00. Loyal local customers. Well trained staff in place. Terrific location on Main Road with parking, bays and property. Expand hours. Expand services. There is growth potential here! Call JT to see it.
The business was started by a father and son in a small 2 bay building across town from the current location. The current owner eventually joined the son and the two worked together in the small 2 bay building until the current owner bought him out, then added a 2nd building, and eventually the attached business.
On a busy thoroughfare and in an area with heavy growth of population, the business has seen other local mom and pop service centers spring up. The work load and demand continues hgh and provides business for every shop. There has not been a revenue impact from any other locations.
Significant revenues increases can be achieved by simply expanding to weekend hours. Improve the adjacent building to add more service bays. Expand into Diesel Repair. Market to add Commercial Accounts. There is plenty of room to grow the current $1M revenues to even stronger sales and profits here.
3 Buildings- 1 - 2 Bay auto shop on main thoroughfare.
Adjacent 6 bay self serve car wash. Plus 1 6 bay garage behind main shop.
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Reason for Selling:
Retirement
Additional Details:
- The property is Leased.
- 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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