Seller's Contact Information
- RE: Classic Auto Mechanic Shop In Southern Utah
- Contact: Dan Leroy
Quick Facts
Asking Price: | $149,000 | |
Annual Revenue: | $164,111 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $84,862 | |
Total Debt: | Not Disclosed | |
FF&E: | 56,567 | |
Real Estate: | Not Disclosed | |
Year Established: | 2005 | |
Employees: | Not Disclosed | |
BBN Listing #: | 344657058 | |
Broker Reference #: | 35715-977679 |
Business Overview:
Half work, half fun, this profitable shop is a car lover’s dream. The Owner is ready to retire and handoff this very established classic auto mechanic business. The operation is a well-known auto shop located in So Utah that works within an exciting niche of the industry. The business provides a full array of services, specializing in vehicles built before 1987. The deal comes with all tools needed and a large selection of hard-to-find parts for classic vehicles.
The business was originally opened 15 years ago and has established itself as a premier repair shop in the city. The company is well known in classic car circles and has a great reputation as one of the few auto specialists in the area. There is plenty of space in the leased building that holds the potential to handle a larger workload. The customer list is extensive and serves an upper end clientele.
While there are other shops in town, this business has found a nice customer base in the area. They are known for providing honest and professional automotive repair and maintenance services. Because this business serves a hobbyist clientele, it is a pretty laid back, fun atmosphere.
This shop resides in a growing community with dollars to spend on classic cars. There is potential to grow the business locally. There is an opportunity to capitalizing on new move ins and to find additional growth by offering a few strategic services. A marketing plan has not been fully formed or implemented in years.
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Reason for Selling:
Retirement
Additional Details:
- The property is Leased.
- 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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