Automotive Service Center

Not Disclosed, SC
Richland County

Asking Price: Annual Revenue:
$649,900 $1,153,387

Automotive & Boats: Auto & Truck Repair & Service

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RE: Automotive Service Center Broker: David Smith

Quick Facts

Asking Price: $649,900
Annual Revenue: $1,153,387
Net Profit: Not Disclosed
Cash Flow: $245,620
Total Debt: Not Disclosed
FF&E: $25,000
Real Estate: Not Disclosed
Year Established: 1984
Employees: 8
BBN Listing #: 92594955
Broker Reference #: 1207-15231

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Business Overview:

Well-established, growing, profitable automotive service center in a rapidly growing area in Richland County South Carolina. With some of the best schools in the state, new residential developments, restaurants and retail establishments are populating the area. The Company offers scheduled maintenance and tune-ups, engine diagnosis, A/C and heating service and repairs, suspensions, struts and shocks, check engine lights, brake replacement and maintenance, fuel injection maintenance, radiator and coolant flush, oil changes, timing belts and transmission work.
The Business as well as the Business and Real Estate has been lender pre-qualified for a well qualified buyer. The Real Estate can be purchased for $699,900.

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Property Features and Assets:

This is a 7,500 square feet facility with 10 working bays, office and waiting room with an additional 1,500 feet of office/storage space upstairs. The business and real estate combined has been pre-qualified for a loan with 10% down. The seller owns the facilities which may be purchased for $699,900 or leased for $6,000 monthly. Lending Terms and Seller Discretionary Earnings comparison of business only purchase with lease vs. business/real estate available. Assets=$35,000.

Market Competition and Expansion:

This well established business does minimal advertising. There is one auto repair business located within a mile, approximately 5 within a 3 mile radius. This business has continued to increase revenue over the past 3 years. This business can be increased by opening on Saturdays, opening earlier and increasing advertising/marketing.

Reason for Selling:

Owner is retiring.

Additional Details:

  • The property is owned.
  • 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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