Diesel Repair Shop

Not Disclosed, VA


Asking Price: Annual Revenue:
$975,000 $1,090,884

Automotive & Boats: Auto & Truck Repair & Service


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RE: Diesel Repair Shop Broker: Richard K. Halterman
Owner Financing is Available!
Lender pre-screened with $146,250 down.

Quick Facts

Asking Price: $975,000
Annual Revenue: $1,090,884
Net Profit: Not Disclosed
Cash Flow: $207,940
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1988
Employees: 9
BBN Listing #: 65754955
Broker Reference #: 2003-15100

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Business Overview:

The Business began with the owner starting out on his own and has a 30 year history of rendering quality services. Presently, the business has an established customer base and serves customers within a 10-mile radius and of course, others beyond that primary area. They perform a variety of services from automobiles to heavy trucks and tractor trailers. Their work includes gas engines as well as diesel trucks.

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Property Features and Assets:

The business is located in the northern Shenandoah Valley along with the accompanying real estate. The owner, while not preferred, will look at an option to lease the facility. The building/shop totals roughly $7,400 square feet and is contained on 4 Acres. The building is composed on concrete and steel. It is easily visible from a major highway and offers easy access. It contains ample bays for both automobiles and trucks. The remainder of the lot is available for parking. Assets=$975,000

Market Competition and Expansion:

There is competition but none within close proximity to the Seller. Presently, the Company only relies on the quality of it's work for repeat business and still seems to grow and have a backlog of work. The Business has always been solid and successful in spite of the lack of marketing and a credible website. With the addition of a solid staff, there is no end to the work that be added. Perhaps more coordination with the vocational-technical schools in the area and the addition of an apprenticeship program would allow for the growth of a trained staff.

Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • The owner is not 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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