Multi-Unit Thriving Auto and Diesel Repair Shops

Not Disclosed, WA
King County

Greater Puget Sound

Asking Price: Annual Revenue:
$1,350,000 $3,220,235

Automotive & Boats: Auto & Truck Repair & Service

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RE: Multi-Unit Thriving Auto and Diesel Repair Shops Broker: Judy Elrod

Quick Facts

Asking Price: $1,350,000
Annual Revenue: $3,220,235
Net Profit: Not Disclosed
Cash Flow: $461,910
Total Debt: Not Disclosed
FF&E: $181,872
Real Estate: Not Disclosed
Year Established: 1982
Employees: 18
BBN Listing #: 69634955
Broker Reference #: 8004-17112

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Business Overview:

This is a combined sale opportunity to own two Auto Repair shops and one Full-service Truck Repair shop. This is NOT a Franchise.

Strong Demand: Each shop is well-located with an outstanding reputation in 3 booming trade areas in the Greater Puget Sound region.

Extraordinary Repeat Business: Well established shops with repeat rates at 80%-90% with long-time customers and fleet accounts.

High Performance: Sales are nearing $1 million at each of the Auto Repair shops and over $1.5 million at the Truck Repair. Gross Profit 57%-69%.

Well Staffed: Each shop has a capable Manager and multiple lead techs in place. There are a total of 18 employees.

Absentee Ownership: The current Owner has moved out-of-state and is semi-absentee ownership. He assembled three highly profitable independent shops, established effective management teams and systems. They are offered together in one sale so the new owner can benefit from the synergies of owning multiple repair businesses. The new owner can be absentee or the three businesses are poised to excel even more with a hands on owner.

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Property Features and Assets:

All three leased facilities are well maintained and well located. One Auto Shop is 6,955 sf consists of 10 active bays with auto lifts, plenty of parking and an attractive corner location. Site two at 4,561 sf has 7 auto lifts and ample office space and parking. It is located next to an auto supply store on a busy road. The Truck Repair shop has been around for 45 years and is surrounded by a strong commercial customer base. It has 8 bays plus storage yard and office. Its square footage is 10,773. Each has a separate lease with the building owners. Assets = $466,742

Market Competition and Expansion:

High demand, high traffic areas. While there is typical competition, the shops have steady revenue from repeat customers. Strong reputation and premium locations keep the shops consistently busy. Lack of work is NEVER an issue. Significant opportunity to step into existing cash flow with room to expand by adding additional technicians.

Reason for Selling:

Owner is planning to retire from the industry.

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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