Profitable Olympic Peninsula Auto Repair Shop

Not Disclosed, WA

Olympic Peninsula


Asking Price: Annual Revenue:
$550,000 $922,500

Automotive & Boats: Auto & Truck Repair & Service


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RE: Profitable Olympic Peninsula Auto Repair Shop Broker: Charles Morningstar
Owner Financing is Available!
Seller will consider pending qualification of buyer.

Quick Facts

Asking Price: $550,000
Annual Revenue: $922,500
Net Profit: Not Disclosed
Cash Flow: $172,500
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1994
Employees: 6
BBN Listing #: 23332903
Broker Reference #: Not Disclosed

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Business Overview:

This is a four-bay auto repair shop located in suburban Western Washington. This shop was founded in the early 1990’s. While the owners have enjoyed providing their services to a strong, popular, and growing community for many years, they are now ready to retire. This business has proven to be quite profitable for the seller and shows no signs of slowing.
The Seller is willing to sell the business only and lease the property to the buyer of the business. This could be done in a traditional transaction, lease-to-own, or other structure mutually agreeable to the Buyer and Seller. The business and real estate can be purchased together; asking price is $1,100,000.
If you are interested in obtaining additional information, please go to the following link to complete the non-disclosure agreement (NDA): http://soundbusinessbrokers.com/nda/ .

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Property Features and Assets:

Seller owns the real estate. They are willing to discuss the purchase of the real estate as well as the business. This could be done in a traditional transaction, lease-to-own, or other structure mutually agreeable to the Buyer and Seller. The purchase of the real estate would require buyer qualification sufficient to satisfy the Sellers. They have maintained the facility to the highest standards. They have invested whenever necessary to keep the building up to date, the equipment well maintained, and have never hesitated to invest in the necessary equipment to get the job done. As a result, the shop is clean, equipped beyond expectations, and well received by the customers. The property has ample area to handle the work capacity of the shop.

Market Competition and Expansion:

Competition/Market: Very limited. There are only two other shops in-town and both offer limited services. This company is the best in market. Growth & Expansion: This company is not currently working at full capacity. There is room for additional employees as well as the adjacent property could be acquired for expanded services.

Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This may become a franchise resale opportunity.

Relevant Links:

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