Auto Repairs 22 years same location

Not Disclosed, CT
Hartford County

Suburban Community

Asking Price: Annual Revenue:
$69,900 $240,000

Automotive & Boats: Auto & Truck Repair & Service

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RE: Auto Repairs 22 years same location Broker: Al Paliwoda
License #: REB.0790772
Owner Financing is Available!
With 70% down, possible to a strong Buyer.

Quick Facts

Asking Price: $69,900
Annual Revenue: $240,000
Net Profit: Not Disclosed
Cash Flow: $40,000
Total Debt: Not Disclosed
FF&E: $45,000
Real Estate: Not Disclosed
Year Established: 1997
Employees: 2
BBN Listing #: 575456346
Broker Reference #: R-5019

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Business Overview:

Large Price Reduction by Owner. Anxious to sell. Great automotive repair garage. Same location for over 22 years. Large client base of loyal customers. Suburban location. This is a fantastic opportunity for someone that wants their own shop. Large amount of equipment comes with the business. Lifts, brake machine, tire machine, balancer, air compressor, drill press, rotary truck lift, strut press, scan tool, hydraulic press, parts washer, and much more. Someone that wants to use social media will really expand this business. Additional advertising which the current owner has never done will get a lot more business. Opportunity for fast oil changes, inspection station, and other items that the present owner has not pursued. Traffic on road is approximately 8,000 per day.

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Property Features and Assets:

Property is on a high travel road. It is also located in a industrial/office area for added business opportunities. An apartment/condo complex is across the street from the garage. It has parking for over 20 cars and a good possibility of being able to also sell vehicles with an addition license.

Market Competition and Expansion:

No direct competition nearby. Closest competitors about 2 miles from this location. It can be easily expanded with someone who has social media skills. Any advertising would also bring in customers. As well as going after 2- 3 apartment complexes in the area.

Reason for Selling:

Ritire and Family health issues.

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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