South End Auto Repair Shop - Well-Established

Business Overview:

Having been established for 71 years, this is a well-known auto repair shop in the south end of King County, WA. It is not a franchise. The auto shop works on all makes and models of cars and small trucks, providing a full range of mechanical repairs including tune-ups, timing belts, oil changes, diagnostic services, steering, transmission, engine repair, brakes, electrical repair, HVAC, clutches, and more. The shop works on approximately 18 cars per week on average with an average repair order (RO) amount of approximately $810. Staffing consists of 1 manager and 1 automotive technician. The owner works less than 10 hours a week doing accounting, contracts, and paperwork. This is a business that needs a hands-on owner who can be there on-site and build up its revenues and profits. The cash flow figure assumes the buyer will work full-time in the business, take over the manager’s role, and the manager’s wage is not needed. For the right buyer, this is an excellent opportunity to take over an established infrastructure and grow the business to the next level.

Contact the Seller:

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Property Features and Assets:

The location is on a major thoroughfare with an Annual Average Daily Traffic (AADT) of 32,000 cars per day. The shop building is 4,410 square feet with 6 bays, 8 lifts, and sits on a 20,000-square-foot lot with plenty of parking. Rent is $5,250 per month + $2,525.34 NNN. The landlord is easy to work with, and willing to grant the buyer a long-term lease.

Market Competition and Expansion:

This auto repair shop has a great reputation in the community. As a local, family-owned business since 1955, this auto repair shop has survived the ups and downs in the economy. There is always demand for auto repair services because people need cars to get to work, and putting off the auto repair bill will only lead to more expensive bills down the road.

The current owner spends less than 10 hours a week on the business. He is not there on a daily basis to actively grow the business. A new owner with fresh energy can take over the manager’s role, focus on marketing, and grow this business to the next level.

Reason for Selling:

Seller wishes to focus on his other business. Kindly ask the seller for more information.

Additional Details:

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