Business For Sale

Full Service Auto Repair Business - Includes Real

Not Disclosed, VA

Asking Price: Annual Revenue:
$1,896,000 $2,020,053

Automotive & Boats: Auto & Truck Repair & Service

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RE: Full Service Auto Repair Business - Includes Real Broker: Michael Metzger
Owner Financing is Available!
Lender pre-screened with $269,200 down. Pre-approved for third-party financing for a well qualified buyer. Bank will finance 80% of business purchase cost and 90% of the Real Estate.

Quick Facts

Asking Price: $1,896,000
Annual Revenue: $2,020,053
Net Profit: Not Disclosed
Cash Flow: $356,701
Total Debt: Not Disclosed
FF&E: $235,950
Real Estate: $1,100,000
Year Established: 1999
Employees: 8
BBN Listing #: 7594955
Broker Reference #: 2006-13946

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Business Overview:

For almost 20 years, this full-service auto repair facility has served thousands of customers from all over Central Virginia. Its well deserved reputation for excellence stems from an attractive, modern facility, down-home sales approach and top-notch customer service. Services include everything from preventive maintenance and state inspections to complex drive-ability and computer-related repairs. They are known for doing jobs that others just can't do!

This business consistently generates over $2MM in gross sales and over $200,000 in discretionary earnings! Purchase price includes the operating business and inventory, as well as the building and almost 3 acres of B-1 commercial property.

This attractive, high-visibility facility is prominently located along THE main thoroughfare with a traffic count of over 18,000 vehicles per day. With 8 service bays and all of the equipment you would expect in a modern facility, this shop services an average of 100 vehicles per week, both personal and commercial.

This is a unique opportunity to own a thriving, turn-key business in a modern, purpose-built facility in a fast-growing area of Central Virginia! This transaction has been pre-approved for third party financing for a well-qualified buyer. Further details will be provided upon receipt of signed Buyer's Package.

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Property Features and Assets:

10,500 square feet facility includes 8 fully-equipped service bays, a 3,000 square feet showroom and customer waiting area, ample parking and a large fenced-in rear lot with outdoor storage capacity. NOTE: Real Estate transaction will be managed by Whittle & Roper Real Estate. Assets= $1,497,125

Market Competition and Expansion:

There is very little competition in the immediate area. This business easily draws customers from neighboring markets due to location and complimentary service offerings. Many customers see this shop as an alternative to dealership service, offering comparable services at lower prices. There is ample opportunity for business growth, particularly in tire sales and additional fleet services. A strong social media program could be adapted to further promote the business. The surrounding area continues to grow with new high-end residential communities and this is already driving an increase in business.

Reason for Selling:

Seller relocating out of state.

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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