Auto Repair Business For Sale In Newport News
Newport News, VA Not Disclosed
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- RE: Auto Repair Business For Sale In Newport News
- Contact: Gavin Raphael
Quick Facts
| Asking Price: | $3,400,000 | |
| Annual Revenue: | $1,900,000 | |
| Net Profit: | $625,000 | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | $200,000 | |
| Real Estate: | $1,600,000 | |
| Year Established: | Not Disclosed | |
| Employees: | 6 | |
| BBN Listing #: | 1014211 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
Light & Raphael is pleased to offer for sale an auto repair business in the Newport News area. This full-service automotive repair and service station has built a solid reputation in the community for being efficient and reliable. The owners set a standard day one and have adhered to a simple concept of providing great customer service at a reasonable price, high quality products, superior workmanship and attention to detail. A winning formula. In addition, a full-time Manager on staff oversees the daily operation and five full-time employees support the operation. Real estate is included in the asking price.
Today’s consumers are keeping their vehicles longer and are more aware of the importance of preventive maintenance and scheduled servicing to maximize the lifetime value of their vehicles. This rising demand for aftermarket parts and services is spurring new growth and revenue opportunities for a wide range of businesses operating in the automotive aftermarket industry.
The company does little advertising. The firm would benefit from a multi-faceted marketing campaign.
It is anticipated that the staff will remain with the business after closing.
SBA financing possible for a qualified buyer.
Sellers will provide support and training following the sale.
Contact the Seller:
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.
Property Features and Assets:
The building is 18,000 square feet, it is located on 1.5 acres of land. There is a total of 17 bays. Property is assessed at $1.6 million.
Reason for Selling:
Owner wishes to retire. Kindly ask the seller for more information.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Virginia businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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