35 Year Old Portland Metropolitan Area Auto Repair

Not Disclosed, OR
Washington County


Asking Price: Annual Revenue:
$595,000 $770,000

Automotive & Boats: Auto & Truck Repair & Service


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RE: 35 Year Old Portland Metropolitan Area Auto Repair Broker: Jeffrey Bryan
Owner Financing is Available!
The seller will finance a portion of the sale for a qualified buyer.

Quick Facts

Asking Price: $595,000
Annual Revenue: $770,000
Net Profit: Not Disclosed
Cash Flow: $190,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: $300,000
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 486735781
Broker Reference #: ARPM2021

Email or Print Listing

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Business Overview:

This business has been a trusted name in automotive maintenance for over thirty-five years in a prime demographic suburb in the Portland Metropolitan area. The three-bay facility is the perfect opportunity for an experienced mechanic or service writer to control their own destiny and have a shop with associated real estate. The business utilizes approximately 1500 square feet of commercial space, with parking for 15 – 20 customer vehicles, overcoming the common problem with the business model of where to safely place vehicles while waiting for parts or repairs to be completed. The business works on both imports and domestic autos with a focus on general maintenance. Customers are generated from returning vehicles and supported by an optimized website & client satisfaction/ email marketing program promoting preventative maintenance. The company has maintained top line revenue and increased cash flow in 2021 despite the COVID-19 pandemic by focusing on customer experience, quality service and the existing reputation for honesty.

The demographics of the area have an average household income $78,144, almost $10,000 above the national average ($68,703). The city boasts a young family orientated demographic with an average age of 34 years and household size of 2.5 people.

The owner fulfills an Operations Manager role, coordinating with the help of a service manager, service advisor assistant, one ASE certified Master Tech and two full-time technicians. The second owner fulfills the role of bookkeeper and data input, but could be replaced with an outside bookkeeper. The business services technical problems, installs brakes, performs timing belt upgrades, and changes fluids for a variety of customer vehicles. They specialize in the maintenance of Asian Imports and domestic vehicles, but the shop has the capability to diagnose tricky engine malfunctions, and complete specialty work on engines.

Days of operations are Monday through Friday 8:00 AM - 5:00 PM.

The sale is collaboration between IBA and Omni Practice Group. The head of IBA's automotive transaction division, Jeffrey Bryan, is the lead contact for the project.

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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 is not a franchise resale opportunity.

Relevant Links:

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