Auto Repair Shop With Multiple Locations
Not Disclosed, VA Not Disclosed
Richmond Area
Seller's Contact Information
- RE: Auto Repair Shop With Multiple Locations
- Contact: Gavin Raphael
Quick Facts
| Asking Price: | $1,100,000 | |
| Annual Revenue: | $3,200,000 | |
| Net Profit: | $350,000 | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | $100,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | 20 | |
| BBN Listing #: | 253448609 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
Light & Raphael is pleased to offer an established & profitable auto and truck repair company with multiple locations for sale near Richmond, Virginia. The locations draw from a wide, broad, and populated geographic base because they are conveniently accessed by both commercial and personal-use customers. The real estate for one of the locations is available for purchase and was recently appraised at $884,000.
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 little advertising. The firm could benefit from a multi-faceted marketing campaign.
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Property Features and Assets:
The real estate for one of the locations is available for purchase and was recently appraised at $884,000. The other locations are leased.
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:
Owner wishes to retire.
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
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