NOT DISCLOSED, Virginia
| Asking Price |
$225,000 |
Year Established |
2020 |
|
| Annual Revenue |
$525,400 |
Reason for Selling |
Retiring |
|
| Annual P/L |
$0 |
Attention |
Bill Kelly |
|
| Annual Cash Flow |
$68,649 |
Listing Number |
993472 |
|
| # of Employees |
3 |
Business Category |
Automotive & Boats: Auto & Truck Repair & Service |
|
Business Overview:
This successful business is located near the Richmond airport on a busy highway. The auto sales lot has approximately 50 parking slots and a sales office. The auto repair side of the business has four indoor repair bays, and a service desk with parts storage. There is plenty of room for additional storage and growth.
The used auto inventory is acquired at local car auctions customer trade-ins, and direct buys from the public. The business ensures customers have a steady rotation of vehicles across various makes, models, price points, and mileage ranges. Repair work comes from car sales prep and the general public. Parts are delivered daily as required from local venders.
Due to family issues, the Seller is relocating out of state but is willing to stay for up to 60 days to ensure a smooth transition. Some key employees will stay with the business, however, this is modeled to be an Owner/Operator business.
Property Features and Assets:
Market Competition and Expansion:
<p>There are several auto sales and/or auto repair businesses in the vicinity, which is a good thing. A concentration of auto sales companies in close proximity insures their collective marketing efforts are bringing potential buyers to the area.<br></p><p>Everything has been prepared to expand the business with Buy-Here-Pay-Here or other financing plans. An expanded social media campaign and road from signage would reliably bring in additional customers.<br></p><p><br></p>
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity