$365k in Owner Benefit Automotive Repair Shop

Not Disclosed, SC
Spartanburg County


Asking Price: Annual Revenue:
$650,000 $1,201,045

Automotive & Boats: Auto & Truck Repair & Service


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RE: $365k in Owner Benefit Automotive Repair Shop Broker: Eli Tatem
Owner Financing is Available!
Owner Financing Terms $200,000.00 Owner Financing Interest 0% Owner Financing Terms Months 48 Owner Financing Monthly Payment $4,166.67

Quick Facts

Asking Price: $650,000
Annual Revenue: $1,201,045
Net Profit: Not Disclosed
Cash Flow: $365,637
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: Not Disclosed
Year Established: 1980
Employees: 8
BBN Listing #: 474851471
Broker Reference #: 32661-438857

Email or Print Listing

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Business Overview:

Seller Willing to Finance $200k with $400k down payment at No Interest!

Solid $300,000 in Owner Benefit!

Strong Employee and Customer Base!

Sales Revenue over $1.2 Million!

You will run one of the best Automotive Repair Locations in the Upstate of SC. You will serve a very loyal customer base with top-notch Customer Service, and a Great Reputation will precede you. The current offering of services already provides a stellar level of income, and yet there are many Automotive Services that can be added in order to increase revenues.

The Location is Highly Visible on a large Main Road, and has room for expansion. The Business Owner is also the Property Owner, and the property is also available for purchase for the right buyer.

Currently the business does not offer Transmission Work, Open Engine Work, and is not a Body Shop. These services can be added to increase the profitability.

The Business began in the 1980's as a small local automotive repair shop. The business grew slowly, but was acquired by new ownership in 2018. It has doubled in profitability since the new owner took over.
Top Quality Service, Turn-Around Time, Price-Point, and Location are huge Competitive Advantages for this business.

The current owner does not do any advertising. The business does have a website that has not been thoroughly built out. Making the most of these avenues, as well as expanding Services Offered can help this business grow.

For More Information, Contact Eli Tatem.

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Reason for Selling:

Retiring

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.

Relevant Links:

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