SBA Approved Very Profitable, Well Established Automotive Repair Shop

SBA Approved Very Profitable, Well Established Automotive Repair Shop

SBA Approved Very Profitable, Well Established Automotive Repair Shop

Price: $549,000

Location: N/A

Industry: Automotive Repair and Maintenance

Listing ID: 07081401
DESCRIPTION

Very Profitable well run business for the past 20+ years (11 by current Owner). This shop consistently gets 5 star reviews across the board and has a well-trained knowledgeable staff that are capable of a multitude of repairs and maintenance. Revenues have shown steady increases over the last 4 years showing the business as continuing to trend up. Awesome visibility of the shop in a very busy corridor of town that is visible by locals as well as travelers. Large established customer base already in place due to their excellent reputation. They are also heavily marketed in town which should lead to additional business. The Owner is very open to staying with business after the sale to ensure a smooth transition.

LISTING DETAILS
Total Sales:

Seller’s Discretionary Earnings (SDE): $250,000

FFE: $88,000

Reason For Sale:

Owner Retiring

Training & Support:

Owner agrees to 8 weeks of Support/Training at 20 hours per week at $30/hour or $600 per week.

OPERATION
Year Established: 1983
Employees: 8

LOCATION
Monthly Rent: $2,100
Square Footage: 4000

Facilities Information:

One Building with 5 working bays with the possible use of a 2nd location for overflow if needed (per negotiation).

SUMMARY

Competition:

There are other competitors in this market, however, they do not have a competitive advantage because of the reputation (328 5-star reviews) and longevity of this business.

Potential Growth:

Opportunity to continue path of growth in this business and there are other revenue streams which are already established but are attainable for addition price.

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CONTACT DEAL OWNER

Annette Filecci

Phone:
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