Business For Sale

Foreign Auto Repair Business - SBA Pre-Qualified

Not Disclosed, CT
New Haven County

Asking Price: Annual Revenue:
$450,000 $678,240

Automotive & Boats: Auto & Truck Repair & Service

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RE: Foreign Auto Repair Business - SBA Pre-Qualified Broker: Seller of Business

Quick Facts

Asking Price: $450,000
Annual Revenue: $678,240
Net Profit: Not Disclosed
Cash Flow: $184,907
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 777426891
Broker Reference #: Not Disclosed

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Business Overview:

This very profitable business exclusively repairs foreign cars, serving a customer base of local residents and employees who commute to area companies, which include the headquarters of multibillion-dollar international companies. The three-bay leased facility is on a main thoroughfare with easy access to I-95 and the Merritt Parkway. Since conducting a direct-marketing campaign to launch the business, the owner has not had to advertise to generate a continuous demand for both his time and that of the full-time mechanic he employs. The purchase price includes a broad array of tooling and equipment, as well as computers, peripherals and furniture. The business maximizes labor efficiency through the use of Autologic, a sophisticated aftermarket diagnostic software application. Alldata software is used to manage billing, parts inventory and other administrative functions. Although the business is licensed to sell used cars, the owner has not pursued this revenue opportunity. However, the buyer could take advantage of the location’s high visibility on a commercial thoroughfare to display cars for sale. A marketing campaign could grow the business to a level that would justify hiring a second mechanic to use the third bay and/or to expand the hours of operation from a five-day schedule to also include Saturday. The buyer will reap the benefits of the owner’s sterling reputation for high-quality, cost-effective services, which should continue to generate strong repeat and referral patronage over the long term. The business has been pre-qualified for 85% SBA financing.

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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.

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