01 Jun SBA Approved Very Profitable, Well Established Automotive Repair Shop
SBA Approved Very Profitable, Well Established Automotive Repair Shop
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.
Owner agrees to 8 weeks of Support/Training at 20 hours per week at $30/hour or $600 per week.
One Building with 5 working bays with the possible use of a 2nd location for overflow if needed (per negotiation).
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.
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.