Business Overview:
Excellent opportunity to own a locally owned and operated business that has been serving the City of Roanoke area for the past 19 years. The shop is a full-service auto repair facility and employs certified repair technicians and is well-known for reliability, competency, fair prices, and shop cleanliness. Over the years, the owners have prided themselves on being a true one stop shop for their customers by having a full-service garage that can perform virtually any service or diagnostic test.
The automotive repair and maintenance market has seen healthy growth over the years with a positive outlook and the location is ideal for a business in this industry. This is an owner operated shop and the owners have decided to retire after being in the industry for nearly 30 years. They want to ensure the business continues to thrive and that their customers are in good hands.
Please note, the revenue claimed are from 2021 which showed a strong increase compared to the three previous years and is well above pre-covid performance where the business had an average annual revenue of about $543k with an average owner operated cash flow of about $65k (from 2018-2020). The asking price is below market to help facilitate a quick sale.
For more information on this listing, contact: Mike Keen at (540)777-1585 or mkeen@sunbeltnetwork.com
We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at mkeen@sunbeltnetwork.com or call us at (540) 777-1585 to discover the difference with Sunbelt Business Brokers of Roanoke & Lynchburg.
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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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