Business For Sale

Location! Auto Repair and Used Car Lot!

Renton, WA
King County


Asking Price: Annual Revenue:
$225,000 $435,131

Automotive & Boats: Auto & Truck Repair & Service


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RE: Location! Auto Repair and Used Car Lot! Broker: Kevin Moen
License #: 127294

Quick Facts

Asking Price: $225,000
Annual Revenue: $435,131
Net Profit: Not Disclosed
Cash Flow: $79,367
Total Debt: Not Disclosed
FF&E: $40,000
Real Estate: Not Disclosed
Year Established: 2010
Employees: Not Disclosed
BBN Listing #: 720252112
Broker Reference #: 31861-83928

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Business Overview:

This iconic auto service business has evolved and grown over the past 6 years. Starting out as a custom wheel and tire outfitter, the need for full service arose and this is still one of the only complete, full service shops in the area. The biggest bonus is the used car lot, which can support an inventory of about 30 cars. Great location!

New equipment, 5 bays, over 20 cars on the lot, and a new showroom as of 5 years ago help limit the short-term expenses for the operation.

“Profit trend is up as people keep vehicles longer. Location and facilities are very important. Auto repair has been primarily a recession-proof industry so the trend is favorable. Replication takes space, technicians and specialized equipment.” – 2017 BRG

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Property Features and Assets:

This iconic auto service business has evolved and grown over the past 6 years. Starting out as a custom wheel and tire outfitter, the need for full service arose and this is still one of the only complete, full service shops in the area. The biggest bonus is the used car lot, which can support an inventory of about 30 cars. Great location! New equipment, 5 bays, over 20 cars on the lot, and a new showroom as of 5 years ago help limit the short-term expenses for the operation.

Market Competition and Expansion:

There are very few automotive service business opportunities on the market, and even fewer with a full service auto shop plus car lot. The location is prime as there are multiple large lots in the area and much overflow traffic. Busy street, with the big players advertising to bring the masses, and you get to benefit due to this businesses proximity, and service capability. Showing Comments Contact listing agent Potential Growth This business currently does not spend much on advertising, which is low hanging fruit for a new owner, creates the ability to expand their customer base with specialized campaigns and promotions. Hiring sales people for the car lot, and bringing on more service workers will pave the path for increased capacity, paired with increased marketing is a formula for growth.

Reason for Selling:

Family

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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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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