Business For Sale

7-Bay Auto Repair Business with Real Estate

Newport, NH
Sullivan County

Asking Price: Annual Revenue:
$595,000 $487,154

Automotive & Boats: Auto & Truck Repair & Service

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RE: 7-Bay Auto Repair Business with Real Estate Broker: Leon Parker

Quick Facts

Asking Price: $595,000
Annual Revenue: $487,154
Net Profit: Not Disclosed
Cash Flow: $67,471
Total Debt: Not Disclosed
FF&E: $100,650
Real Estate: $400,000
Year Established: 1985
Employees: 4
BBN Listing #: 9117381
Broker Reference #: 217045

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Business Overview:

Opened in 1985 this successful, profitable family owned business is now servicing second and third generations of loyal customers. The business is located on a well-traveled state road with good visibility and plenty of space for parking. The current experienced, well trained employees are willing to stay on with a new owner. Opportunities for growth exist with enhanced marketing efforts, use of social media as well as with the reintroduction of used car sales. In addition to the property that the business is located on, there are two adjacent parcels across the street included in the sale. The attractive Mt. Sunapee area offers a variety of year-round outdoor activities from the mountains to the lakes. The business and real estate are available, including, $100,650 worth of furniture, fixtures and equipment, good will, customer, vendor and supplier lists and training during the transition to a new owner for an offering price of $595,000 plus the value of the inventory and supplies at the time of the transfer of the business. The value of the inventory and supplies are approximately $5,000.

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Property Features and Assets:

The 6,088-square foot building has seven bays, with 14- and 12-foot doors, five repair lifts, one alignment bay with lift, central air conditioning, two waste oil furnaces, waiting room, service writer office and additional built-out offices on the second floor and plenty of asphalted perimeter parking.

Additional Details:

  • The property is owned.
  • 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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