Profitable Auto Repair shop in Richmond city

Not Disclosed, VA
Henrico County


Asking Price: Annual Revenue:
$249,000 $420,000

Automotive & Boats: Auto & Truck Repair & Service


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RE: Profitable Auto Repair shop in Richmond city Broker: Dilip Jeyram

Quick Facts

Asking Price: $249,000
Annual Revenue: $420,000
Net Profit: Not Disclosed
Cash Flow: $168,000
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 2
BBN Listing #: 861943891
Broker Reference #: 9525-989145

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Business Overview:

PRICED TO SELL!

Excellent opportunity to acquire a profitable and established turn key Auto Repair shop.

Their services include: All types of Car & Truck service & repair, Heating and Cooling Services, Engine & Transmission, Fleet Services, Import Cars & Trucks, Domestic Cars & Trucks, 4x4 Services, Electric and Hybrid Vehicles.

It is located in the West End of Richmond City near the Henrico county border at the inter section of 2 major highways with very high traffic volume of commuter vehicles traveling between Richmond City and Henrico County suburb of Glen Allen/West End.

This is one of the few independent auto repair shops remaining in this area & hence receives a lot of 'Urgent Maintenance' service requests that other corporate stores are unable to take up.

Asking price includes all equipment!
3 Bays
2 Full Time employees
Semi- Absentee owner
Large customer base, High margins!
Great reputation in local community!
Stand alone building with Large parking area
Very good visibility - Prominent display at Traffic light corner of 2 major highways
$4,950 per month Rent

** Many opportunities to grow revenue
** Currently Closed on Sunday - potential to increase revenue by opening store on Sunday
** Location used to sell GASOLIINE & underground tanks still exist. No Pumps. Possibility to re-open GASOLINE sales -- buyer must evaluate.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Reason for Selling:

Other Interests.

Additional Details:

  • The property is leased.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Relevant Links:

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