Established Auto Repair Shop - Seller Financing

Not Disclosed, UT

Asking Price: Annual Revenue:
$309,684 $657,679

Automotive & Boats: Auto & Truck Repair & Service

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RE: Established Auto Repair Shop - Seller Financing Broker: Matthew Jorgensen

Quick Facts

Asking Price: $309,684
Annual Revenue: $657,679
Net Profit: Not Disclosed
Cash Flow: $124,821
Total Debt: Not Disclosed
FF&E: $99,360
Real Estate: Not Disclosed
Year Established: 1982
Employees: 5
BBN Listing #: 71614955
Broker Reference #: 7401-14931

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Business Overview:

This location started doing business in 1982. It has five employees and the capacity for another technician. The current owner purchased it in July 2015. The owner was doing the accounting for the business when the opportunity to purchase it appeared. The owner was raised loving the brand and knowing the high-quality work and trustworthiness of the business. It is a nationally recognized name. The shop has the ability to grow as much as a buyer is willing to handle. This location has been in business for almost 40 years. It has loyal customers who bring their children and neighbors in. It also attracts many new customers because of its positive online reviews (a 4.3 rating with around 75% of the reviews being 5 star).

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Property Features and Assets:

Total Square Feet: 4,063; Description of Location: Commercial; Condition: Good condition. Built in 1982. Assets= $100,360

Market Competition and Expansion:

Utah continues to earn national praise as the “Best State for Business”. The Beehive State has some of the lowest taxes in the country, top-notch infrastructure, a fiscally minded government that encourages job and economic growth, and an unparalleled quality of life. The city where the business is located is a great place for consumers to buy cars. The auto shop is a top performer despite the competitive area. There is significant opportunity if the buyer can get contracts with large businesses to service their fleets of vehicles. According to Seller, this could increase revenue by $50,000 or more. The business also has the capacity to hire another technician. This would enable the company to service more customers and increase revenues.

Reason for Selling:

Seller is moving to St. George, Utah.

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 a franchise resale opportunity.

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