Est. Auto Garage-Wholesale/Retail Multi-Fuel Dist.
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This family-owned business has been operating for over 100 years. It has been successful from the beginning as one of the first auto dealerships, and thereafter as a full-service garage, offering retail fuel and repair services. In 1954, LPG distribution was added to the business to enhance its position in the community. Garage services include tune-ups, tire sales, general repair, electronic and computer diagnostics, A/C system repairs, and towing services. LPG and fuel distribution to more than 500 customers, both residential and commercial, in the rural community accounts for a major portion of the total revenue and profits. These customers are on month-to-month and annual contracts.
About the Business
- Years in Operation
- 107
- Employees
- 7 (5 Full-time, 2 Part-time)
- Facilities & Assets
- The business operates from a centrally located service garage with numerous items of equipment used in the repair business. A second location, on the edge of town, provides tank storage for bulk fuels and equipment for filling local delivery trucks.
The service garage occupies a 1/2 acre city lot, with a 9,800 sq ft building that includes a customer waiting room and offices, work area with 2 overhead lifts, and 1,200 sq ft enclosed storage. There's a covered, on-site fuel island with pumps and a paved parking lot. The value of the real estate is not included in the Listed Price but is available for purchase. - Market Outlook / Competition
- Competition is moderate for a commodity business with several competing fuel distributors, but the service business cannot be duplicated locally. A loyal customer base built over the decades draws repeat business for servicing vehicles and tire sales. Additionally, the company carries open accounts for customers which contributes to a stable revenue stream.
- Opportunities for Growth
- The business has several growth opportunities it can exploit. First, there is a growing population, partly driven by remote workers looking to live in small towns; second, there is a nearby copper mine that will open soon, which will increase employment and the need for ancillary services. Advertising expenses could be reduced without sacrificing growth as word-of-mouth has proven the most effective marketing.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 12,282
About the Sale
- Seller Motivation
- The owners would like to retire and transfer the business.
- Transition Support
- Will train for 4 weeks @ $5K.
Listing Info
- ID
- 2503448
- Listing Views
- 43
Listing ID: 2503448 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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