Well Established Auto Repair - Price Improvement

Nicholasville, KY
Jessamine County


Asking Price: Annual Revenue:
$329,000 $419,151

Automotive & Boats: Auto & Truck Repair & Service


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RE: Well Established Auto Repair - Price Improvement Broker: Jordan Satterwhite

Quick Facts

Asking Price: $329,000
Annual Revenue: $419,151
Net Profit: Not Disclosed
Cash Flow: $11,581
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2004
Employees: 2
BBN Listing #: 311659482
Broker Reference #: 28647-781655

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Business Overview:

This full service auto repair facility has a sixteen year track record of doing business the right way! Performing high quality repair at fair prices has given this business the opportunity to service customers for multiple generations. The business has a diverse retail customer base in addition to the wholesale accounts that trust the maintenance of their fleet with this service center. There diverse service offering includes:
-General Repair and Maintenance
-Transmission and drive train
-Heating and cooling system
-Heating and A/C Systems
-Suspension System
-Fuel System
-Engine System
-Mounting and balancing of tires
-Electrical troubleshooting

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Property Features and Assets:

This Automotive repair shop began in 2004. With the founder’s reputation in the automotive space it was no surprise that they quickly established themselves as an excellent resource for automotive repair and diagnostic work. In the sixteen years of this companies' existence, word of mouth has been a large contributing factor to the success of this venture. The founder has demonstrated a dogged determination in providing a high level of service to it’s customers. The result has been a consistent and dependable base of customers that have relied on this shop to meet their automotive repair needs. There is more than one instance where this service center has had the opportunity to service four generations of automobiles for a given family. The business benefits from long term relationships with customers but it also services a diverse range of wholesale accounts as well. This list includes multiple churches, the city, school systems, and other individual businesses. At this service center, customer safety is always a priority. Customers know and respect this dedication to safety and appreciate the repair shops’ dedication to performing high quality repairs on the first visit.

Market Competition and Expansion:

Multiple competitors in the area however, the demand for repair exceeds the number of service providers. Dealership options are significantly more expensive. Potential Growth: There are multiple avenues to grow the business. The addition of more technicians will increase the overall capacity of the business. The building has the space to perform the additional work. Also, the business offers a very broad range of repair. A new owner could narrow the focus and develop an intentional marketing campaign to nurture leads in the given category.

Reason for Selling:

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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