Auto Service Center on Busy Intersection!

Saint Petersburg, FL
Pinellas County


Asking Price: Annual Revenue:
$129,000 $383,736

Automotive & Boats: Auto & Truck Repair & Service


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RE: Auto Service Center on Busy Intersection! Broker: Mark Harmon

Quick Facts

Asking Price: $129,000
Annual Revenue: $383,736
Net Profit: Not Disclosed
Cash Flow: $32,653
Total Debt: Not Disclosed
FF&E: $30,000
Real Estate: Not Disclosed
Year Established: 1996
Employees: 3
BBN Listing #: 544630362
Broker Reference #: 890700055

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Business Overview:

Probably Best Location in Entire Pinellas County For an Auto Service Station!

Locations don’t get any better for auto service centers. Cars line up for hundreds of yards at the traffic light right in front of this long-established service station. The drive-by repair business is brisk and continuous all day long. Better yet – the dense residential area is all to the east of the shop and all of the shopping (4 large shopping centers within 2 blocks of the auto service center!) are all to the west of the shop. All local residents have to drive right by this auto repair shop every time they go shopping. This repair shop has become the go-to auto service center for the whole local area. The shop does no marketing because they don’t have to. They get all the business they can handle just by being in that location.

This auto repair center is currently undervalued because they are short-handed at least one technician. Sales were more than double the current levels when the shop is fully staffed. The business has been in the family for more than 20 years and the current owner has been wanting to retire for a while. Now is the time. The current lease has a 5-year option to renew. This auto service center has a great reputation, excellent reviews, and a loyal local customer base that now spans across several generations. This is the perfect business for anyone who would like to own a long-established and well-respected auto service center right on one of the busiest intersections in all of Pinellas County with all of the business they can handle.

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Property Features and Assets:

Has 3 lifts. 2 are permanent. Has room for 1 additional lift.

Market Competition and Expansion:

This is the best location in the whole area. This auto service station has whole generations of loyal customers that have been coming here since 1996 when it first opened. The reputation and reviews of this established auto service center are excellent. This business is shorthanded right now. Just hiring one additional auto technician could possibly double sales. Almost no active marketing is being done.

Reason for Selling:

Retirement

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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