Independent Mercedes Benz Auto Repair Business

Not Disclosed, MA
Plymouth County


Asking Price: Annual Revenue:
$369,900 $148,000

Automotive & Boats: Auto & Truck Repair & Service


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RE: Independent Mercedes Benz Auto Repair Business Broker: Jeffery Larrabee
Owner Financing is Available!

Quick Facts

Asking Price: $369,900
Annual Revenue: $148,000
Net Profit: Not Disclosed
Cash Flow: $59,925
Total Debt: Not Disclosed
FF&E: $250,000
Real Estate: Not Disclosed
Year Established: 1992
Employees: Not Disclosed
BBN Listing #: 809062860
Broker Reference #: 12821-788690

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Business Overview:

Are you an experienced mechanic who knows how to fix high end European imports such as Mercedes and BMW? Here is a very rare opportunity to buy an independent auto repair business from a highly experienced factory trained service technician for Mercedes Benz. He has been the sole operator of this business for nearly 30 years and is now ready to retire. With an extensive customer list plus daily requests for new service, the owner has easily averaged $132,000 in revenue over the last 3 years despite the pandemic and no employees. This turnkey operation comes with an estimated $250,000 of specialty tools and equipment including lift, engine hoist and analyzers plus over $5,000 of inventory stock/supplies and a Class II MA Auto Dealer license approved at the location. The business leases a 2,000 square feet industrial bay in a convenient location with plenty of parking available. The owner is willing to provide buyer financing and training options with a large down payment. The asking price includes the customer list, trade name, major equipment, specialty tools, furniture, fixtures and inventory. A large collection of Snap-On hand tools available for an additional amount.

M.B. Specialty was opened in 1992 by a trained factory service technician for Mercedes Benz who had always dreamed of running his own repair shop after working in corporate dealerships. He has managed to successfully operate this business for over 30 years and he hopes the new owner will build upon his success and will continue to provide the same level of quality service.

There are a couple of small competitors in the area but they are not specialized in Mercedes Benz vehicles. There are some MB dealerships in Massachusetts but they tend to be more expensive. Overall, there is very little competition in this affluent region of high disposable incomes and luxury vehicles.

This business offers a buyer a lot of potential for sales growth and profitability. Below are a few recommendations suggested by the Seller: * Add one or two more lifts which would increase speed and productivity * Add a couple of mechanics to increase revenue and profitability * Develop a company website and a social media presence
Located in a multi-unit industrial building consisting of a reception office with a separate entrance and a large drive-in bay door. The interior open garage features high ceilings and a mezzanine level storage area. The exterior has a couple of dedicated parking spots for the business office plus an additional parking area for vehicles on the edge of the pavement.

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Reason for Selling:

Retirement

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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