In Automotive, Business Sold, General

Are you looking for an amazing opportunity to purchase an AAA certified independent auto repair center with annual sales that have averaged nearly $895,000 for the past three years? This profitable business achieved $229,000 in cash flow in 2016, affording an owner/operator an excellent salary after debt service.  The Business is well established with over 15 years of goodwill, an excellent reputation for honesty, outstanding customer service and positive Internet reviews. The Business comes complete with the state-of-the-art equipment required to run a domestic and import auto repair business, including brakes, oil change, engine performance, electrical, steering and suspension, starting and charging, heating and cooling and classic restorations.

The 4,560 square foot building has 9 service bays & lifts (2 outside), with room for parts storage, a customer reception area and plenty of parking.  Experienced Service Writer, Shop Foreman and ASE certified technicians will support an entrepreneurial new owner who wishes to further grow the business. The Seller will provide extensive training and support during the transition period. The Asking Price for this profitable Business is $400,000 plus $3,500 in inventory. The Business is pre-qualified for 85% Bank/SBA financing for 10 years. The Sellers are in their sixties and motivated to retire after building a successful business over the past 15 years. The real estate is also owned by the Sellers and they will provide a Buyer with an attractive long term lease and an option to purchase the property for $700,000.

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