Auto Repair Garage

Not Disclosed, CT
Hartford County

Suburban


Asking Price: Annual Revenue:
$59,900 $230,000

Automotive & Boats: Auto & Truck Repair & Service


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RE: Auto Repair Garage Broker: Al Paliwoda

Quick Facts

Asking Price: $59,900
Annual Revenue: $230,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $55,000
Real Estate: Not Disclosed
Year Established: 1997
Employees: 2
BBN Listing #: 600160281
Broker Reference #: 1101R

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Business Overview:

Well established automotive repair garage in suburban setting. Garage has a good reputation and has many loyal customers. Owner is leasing a 2000 sq ft facility. He has been in the same location for over 23 years. Has 2 large overhead doors with rotary lifts. Can work on trucks with ceiling height over 14 feet. Loads of party at side and rear of property. Room for 18+ vehicles. According to Owner one could also sell vehicles from this location with added license to do this. Inside garage will allow 4 vehicles to be worked on simultaneously
There are many opportunities for increasing business. The Owner has not done any advertising to date. Social media, as well as adverting should increase business. There are approximately 4-6 apartment complexes and condominiums in a radius of less then 2 miles.Owner has health issues and wants also to retire. This is a must see for a young aggressive mechanic.

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Property Features and Assets:

Owner lease 2000 sq ft with parking for 18+ vehicles. There are 2 large overhead doors (14 foot and 12 foot. Space allows for 4 vehicles to be work on inside simultaneously. Long list of equipment and other items go with the business. There is also a storage building at back that comes along with the business.

Market Competition and Expansion:

Business has done adverting or any social media. A new Owner has a great deal of opportunity in this area. There are numerous apartment complexes as well as condominium and housing developments in the immediate area that have not been tapped into by the Owner. The high school is only a short distance away. Competition is from two other smaller garages. So there maybe opportunities to increase prices. Suburban setting with niche markets very possible.

Reason for Selling:

Health and retirement

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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