Business For Sale

Established Auto Repair and Used Car Sales

Not Disclosed, UT
Salt Lake County


Asking Price: Annual Revenue:
$295,000 $1,025,071

Automotive & Boats: Auto & Truck Repair & Service


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RE: Established Auto Repair and Used Car Sales Broker: Arthur Warsoff
Owner Financing is Available!
$75,000.00

Quick Facts

Asking Price: $295,000
Annual Revenue: $1,025,071
Net Profit: Not Disclosed
Cash Flow: $132,550
Total Debt: Not Disclosed
FF&E: $80,000
Real Estate: Not Disclosed
Year Established: 2005
Employees: 3
BBN Listing #: 503650336
Broker Reference #: 15541-955682

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Business Overview:

This auto repair business prides itself on providing high quality and trustworthy service at a reasonable cost with ASE certified employees, and OEM parts. The spacious facility features six bays with oversized entry doors, a large fenced in lot, and adequate storage. They provide complete, full-service care for imported, domestic, and high-performance exotic vehicles including alignments, brakes, cooling, diagnostic, electrical, engine, exhaust, inspections, general maintenance, steering, suspension, and transmissions. They also are a licensed used car dealership with a niche in Japanese vehicles. The business has an experienced team including a manager, technicians, service writer, and used car sales experts.

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Property Features and Assets:

The current owner started this business in 2005 and has been at this current location since 2012. Historically, used car sales have represented a large percentage of sales. The owner has recently focused on higher margin auto service and repairs, while brokering only profitable used car deals.

Market Competition and Expansion:

This business has the competitive advantage of being a locally-owned independent repair shop focused on building trusting relationships with its customers. Shuttle service and loaner vehicles are available. There are many competitive auto repair businesses in the immediate area, so good customer reviews are critical. This business has earned a 4.7 / 5.0 rating on Google, which is among the highest in the area. This area has significant economic activity and a large volume of vehicles. Growth will come from adding another technician, increased advertising, adding tire sales, and targeting profitable used car sales niches.

Reason for Selling:

Retiring

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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