NOT DISCLOSED, New York
| Asking Price |
$1,200,000 |
Year Established |
1976 |
|
| Annual Revenue |
$2,266,149 |
Reason for Selling |
Retirement |
|
| Annual P/L |
$0 |
Attention |
Garrett Coleman |
|
| Annual Cash Flow |
$173,498 |
Listing Number |
1014620 |
|
| # of Employees |
16 |
Business Category |
Automotive & Boats: Auto & Truck Repair & Service |
|
Business Overview:
A full service repair shop and parts supplier for heavy duty trucks with real estate on a well traveled highway in the eastern Finger Lakes of NY available. This is a once in a lifetime opportunity to buy a 50 year old business with superior reputation for service and repairs in an industry with seemingly endless demand. They repair and service trucks for Municipalities, Fire Departments, Trucking Companies, Landscapers, Farmers, Fuel Suppliers, Universities, and almost any other businesses that use heavy trucks. They also sell parts to customers who have mechanics to do the repairs themselves. In addition to heavy trucks they service and repair, ambulances, pickups, and some construction equipment. The property includes an efficient 10,500 square foot shop building with 9 service bays an office, wash bay, parts room, and machining area. The property also offers endless possibilities including open acres that could be developed further for expansion of the shop or built on for another business.
Property Features and Assets:
<p>9 bay fully equipped truck garage with machine area, wash bay, parts counter and office.<br></p>
Market Competition and Expansion:
<p>There are only a few other shops in the area that work on medium duty and heavy duty trucks. These shops are much smaller and do not have the staff this shop does. This business is really one of one in their geography.<br><br>Adding a second shift, similar to the way they operated a decade ago could move repairs through the shop quicker and increase gross revenues and profits. The shop has more demand then they can fill with current staffing and hours. There is a constant customer waiting list to get trucks in for repairs. Known as the repair specialists they get big projects like motor rebuilds that other shops can't tackle. Because of this reputation more revenue could be gained by raising the shop rate to compete more closely with OEM dealer rates.</p>
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity