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RE:  Centrally Located Full Service 10 Bay Auto Repair Contact:  Frank Chebalo

Quick Facts

Asking Price: $295,000
Annual Revenue: $672,000
Net Profit: Not Disclosed
Cash Flow: $86,729
Total Debt: Not Disclosed
FF&E: $102,506
Real Estate: Not Disclosed
Year Established: 2009
Employees: 5
BBN Listing #: 10724955
Broker Reference #: 2007-17472

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Business Overview:

Great location in a conveniently located busy industrial park
Large customer waiting area and clean office space
Great Parking and Private Lot
Professional Curb Appeal and Business Front

This centrally Located 10 Bay Auto Repair Shop operates in a comfortable 10,000 square foot well equipped facility. The shop is all about reputation, customer service, and quality work. Located in Hampton Roads, the operation launched in 2009 and has organically grown into a well-known respectable Brand based on quality and exceptional work delivered at a reasonable price. The operation is supported by five employees including a service writer and office staff. Three technicians make up the production line up. The owners are semi absentee, and a manager / service writer runs the day-to-day operations. The lease is reasonable for the space at approximately $8,000 per month as the location is attractive with easy access, ample parking, and conveniently located just off a major roadway. No surprise, the shop’s reviews are superb, highlighting excellent work and service from qualified technicians at reasonable prices. This has been the operation’s theme since the beginning. And over the years their reputation has grown business from recommendations and referrals. A grass roots approach to establishing a strong customer base. The business finds itself currently in an interesting place strategically. The capacity to do more and take more business is readily available. Positioning the business to do that means some rescheduling and hiring a few more technicians, but the potential for growth is within reach. The current owners are not hands on. So, a new hands-on owner can easily change the dynamics, and improve throughput. The current owners will ensure a comfortable transition into the business with adequate training to allow a buyer to comfortably take over.

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Property Features and Assets:

The facility is very attractive complemented by a nice entrance and parking facility. The front of the business is well groomed and inviting. A nice entry way opens to a customer service entrance and large customer waiting area. The production area is made up of ten service bays, a service desk, and all of the required computer software and equipment. Assets = $147,819

Market Competition and Expansion:

Growth potential includes local business relationships to drive fleet work and increased web marketing to drive new customers.

Reason for Selling:

Downsizing.

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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