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Quick Facts
Asking Price: | $650,000 | |
Annual Revenue: | $1,300,000 | |
Net Profit: | $300,000 | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | $200,000 | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | 5 | |
BBN Listing #: | 353048609 | |
Broker Reference #: | Not Disclosed |
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Business Overview:
Light & Raphael is pleased to offer an established & profitable auto repair shop for sale near Williamsburg, Virginia. The business is situated in an excellent location on a growing, popular traffic corridor in a fully-subscribed industrial park and near major highways and USA interstates. The location draws from a wide, broad, and populated geographic base because it is conveniently accessed by both commercial and personal-use customers. The real estate is worth approximately $800,000 and is available for purchase.
This full-service automotive repair and service station has built a solid reputation in the community for being efficient and reliable. The owner set a standard day one and has 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.
The company does zero advertising. The firm could benefit from a multi-faceted marketing campaign.
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Property Features and Assets:
The property is for sale and is worth approximately $800,000.
Market Competition and Expansion:
The number of registered motor vehicles in the United States is on the rise and the most recent estimates suggest that the average amount of money Americans spend on car maintenance and repair is also increasing every year. These trends indicate that the automotive repair industry has room for growth. It is estimated that the revenue generated by the automotive repair industry will continue to proliferate in the coming years.
Reason for Selling:
Owners wish to retire.
Additional Details:
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