Auto Repair Garage

Not Disclosed, CT
Hartford County


Asking Price: Annual Revenue:
$59,900 Not Disclosed

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: Not Disclosed
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 #: 678260281
Broker Reference #: 1101R

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Business Overview:

Long established auto repair garage in a suburban setting. Over 23 years in the same leased location. Owner is in poor health and also wants to retire. This is a great opportunity for someone to step in and continue with a good book of business and make it grow. The location of the shop is within 1-2 miles of numerous apartments and condominium complexes as well as newer housing developments. An affluent and growing community which has been a desirable living choice. Loads of parking at rear and side of building. Owner indicates that there is n opportunity also to sell vehicles from this location with an additional license. Owner is willing to stay on for a while to help train and make customer introductions for a new Owner.

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Property Features and Assets:

Garage has 2000 sq ft for leased space. It has 2 large overhead doors (14 ft and 12 ft) and can allow the Owner to work on 4 vehicles at one time. Parking exterior wise, will allow for approximately 18+ cars. It also has an added outdoor storage unit that also is included with the sale of the business. The building is located on a State Highway Route with good vehicle traffic. Owner estimates that there is over $55,000 of equipment, furniture, fixtures, and other assorted items that come with the business.

Market Competition and Expansion:

Owner has done no advertising for the business as well as no social media advertising. There is a tremendous amount of opportunity for someone to add more business at this location. The area is growing with families moving into the area in the form of single family houses as well as condominiums and apartments. The high school is only a short distance from the garage. The competition with other auto repair shops in the area is limited. This shop is well established as well as having a good customer base and a good reputation of being an excellent mechanic.

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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