Seller's Contact Information
- RE: South Sound Auto Repair With Employee Management
- Contact: Wes Martin
Quick Facts
| Asking Price: | $987,000 | |
| Annual Revenue: | $1,762,514 | |
| Net Profit: | $268,152 | |
| Cash Flow: | $268,152 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $250,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1963 | |
| Employees: | 7 | |
| BBN Listing #: | 233232903 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
This iconic and well-established vehicle repair and restoration business has provided quality services to their market for nearly sixty years. The facilities are designed for high production and volume. The business has a shop manager and an operations manager who handles most of the service writing and oversees primary operations. The seller occasionally provides back up in service writing or expediting but mainly handles the business needs such as AP, AR, vendor relationships or customer issues. The business has a variety of quality technicians and mechanics that represent a wide diversity of experience and talent. A savvy buyer could increase production through hiring for more capacity or adding another shift. The seller is willing to train and transition for a smooth transfer into the business. If you are looking for a well-oiled auto repair business that operates on volume, this could be the opportunity for you. Inquire today! All inquiries will be expected to submit an NDA.
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Property Features and Assets:
The facilities are in a very busy setting and are designed for high capacity, volume production. Roughly 7,000 square feet with six double deep bay doors, ten bays utilizing eight lifts, additional parking, and private offices.
Market Competition and Expansion:
There is competition. They are other shops and dealerships. This company has a long history with loyal clients and restoration capabilities not found in other shops. Growth could be had by hiring additional mechanics to increase capacity or maybe adding another shift.
Reason for Selling:
Relocating out of state.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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