Business For Sale

Multi Location Auto Repair Shops

Not Disclosed, VA


Asking Price: Annual Revenue:
$825,000 $1,469,663

Automotive & Boats: Auto & Truck Repair & Service


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RE: Multi Location Auto Repair Shops Broker: Frank Chebalo

Quick Facts

Asking Price: $825,000
Annual Revenue: $1,469,663
Net Profit: Not Disclosed
Cash Flow: $298,979
Total Debt: Not Disclosed
FF&E: $77,000
Real Estate: Not Disclosed
Year Established: 2009
Employees: 40
BBN Listing #: 87974955
Broker Reference #: 2007-14262

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Business Overview:

Multi Location Auto Repair Shops. Blanketing Hampton Roads Virginia and beyond, these service centers exclusively perform tire service. From repairs and replacements the centers offer up new and use tires at superbly competitive prices and rocket fast service. The businesses have a vast array of brands both new and used and can handle any make of vehicle. And whether a customer decides to choose new or used product options the highly skilled technicians at the operation will high speed spin balance, rotate and mount the tires all in less than a half hour. And complete tire and rim packages are available within a day. Each facility in this operation is set up and designed as a stand alone store. And each have management in place as well as a robust technical staff. Combining the enterprise from a central management perspective allows for efficiency, synergy and pricing leverage. So as a whole the operation can offer great competitive pricing based on volume and as well, offer superior service as the overall operation meets any customer need with same day service. The Seller has grown a strong brand and platform over many years which is set on a trajectory for continued growth. And the design of the operating units has allowed this owner to operate these businesses in an absentee fashion. Now looking toward retirement the Seller will offer a smooth transition into a great business model. And the purchase has been lender pre-qualified! So with a down payment between 10 and 20% of the asking price, a buyer can enter this great business opportunity.

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Property Features and Assets:

Each location has a long term lease in place and each lease is independent to the location. Assets= $125,000

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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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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