Business For Sale

640273-CW Full Service Auto Repair Business

Richmond, VA
Henrico County

Asking Price: Annual Revenue:
$350,000 $408,000

Automotive & Boats: Auto & Truck Repair & Service

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RE: 640273-CW Full Service Auto Repair Business Broker: Cobus Van Der Watt

Quick Facts

Asking Price: $350,000
Annual Revenue: $408,000
Net Profit: Not Disclosed
Cash Flow: $148,000
Total Debt: Not Disclosed
FF&E: $150,000
Real Estate: Not Disclosed
Year Established: 2014
Employees: 6
BBN Listing #: 944643891
Broker Reference #: 9525-640273

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Business Overview:

This full-service auto repair facility has served thousands of customers from all over Central Virginia. Its well deserved reputation for excellence stems from an attractive, modern facility, down-home sales approach and top-notch customer service. Services include everything from preventive maintenance and state inspections added in 2018 to complex drive-ability and computer-related repairs. They are known for doing jobs that others just can't do!

This attractive, high-visibility facility is prominently located along THE main thoroughfare with a high traffic count daily. With 5 service bays and all of the equipment you would expect in a modern facility, this shop services an average of 70 vehicles per week, both personal and commercial.

*Projection for 2018, 4 Quarter 80+ cars per week.

This is a unique opportunity to own a thriving, turn-key business in a good standalone facility in a fast-growing area of Central Virginia!

There is ample opportunity for business growth, particularly in tire sales and additional fleet services. A strong social media program could be adapted to further promote the business. The surrounding area continues to grow with new high-end residential communities and this is already driving an increase in business.

Over 70% of all equipment and tools is Snap-On, bought in 2017/18.

This is a true Turn-Key business, ready for the next level.

Great model with steady clients to franchise or add into current franchise group.

*SNAP-ON tools, toolbox's and other equipment thats is also included in this sale that was bought during 2017/18 valued at $150k plus.

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Market Competition and Expansion:

There is very little competition in the immediate area. This business easily draws customers from neighboring markets due to location and complimentary service offerings. Many customers see this shop as an alternative to dealership service, offering comparable services at lower prices. Completely equipped auto repair and tire sales establishment . Full equipment list provided to serious buyer only.

Reason for Selling:

Other business interests.

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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