Successful Auto Repair Business, Knowledgeable Staff!

Asking Price$375,000

Cash Flow
$142,418
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$924,111

Inventory$33,000
Included in asking price
FF&ENot Disclosed

Real EstateNot Disclosed

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Successful Auto Repair Business, Knowledgeable Staff!


Asking Price$375,000

Cash Flow
$142,418
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$924,111

Inventory$33,000
Included in asking price
FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
This auto repair and smog testing business was started in 1976, as a sole proprietorship in a two-bay service station. The business moved in 1977 and occupied a 2,000 square ft warehouse space before expanding to occupy about 4,000 square ft at that location. In 1987, a larger facility became available and business continued to expand. It now occupies approximately 12,000 square ft of the facility. The business provides repairs as well as performing preventative maintenance and diagnosis and incorporated in 2003.

DISCLOSURES: This business requires license(s): Bureau of Automotive Repair; Bureau of Automotive
Repair License for Smog Station. Hazardous items on premise are stored and disposed of according to
state and county regulations. Leased BAR-OIS Smog Machine, month by month lease. Customer warranty
obligations include repairs warrantied for 12 months or 12,000 miles unless otherwise specified. There
are pending quarterly rebates.

For further information please submit any inquiry through this website. You will be required to complete a Non-Disclosure Agreement prior to receiving any additional information. Financial information is only provided after the initial phone interview with the Regional Business Broker assigned to this listing. Images on this website are stock images and not actual images of the business. Broker, brokers agents and broker-associates, employees and all other affiliates of Broker have NOT verified any of the information provided here. By submitting your inquiry through this website, you are granting Broker permission to add you to Broker's email subscription list.
About the Business
Years in Operation
49
Employees
5
Facilities & Assets
The business has occupied the same location since 1987. The facility is approximately 12,000 square feet and includes a front office, a reception space, two additional private offices and bathrooms and room for storage. The shop space has 12 work stations, 9 lifts, as well as a kitchenette, and an additional office that is currently being used for storage. There is shared parking at the front. The current lease expires in December 2024. The landlord has been easy to work with.
Market Outlook / Competition
Due to the nature of automobile ownership, vehicles will continue to require maintenance and repair work. The majority of the current clientele are private vehicle owners but the business does service some local fleet vehicles.
Opportunities for Growth
The business has benefited most from word-of-mouth referrals. Due to a personnel (technician) change there is now potential to handle a higher car count. Also, the shop management software has a new marketing product that will commence in October 2024.
About the Sale
Seller Motivation
The owner is selling the business to pursue retirement.
Transition Support
Owner is willing to provide a reasonable transition and training period for a new owner the terms of which shall be agreed to and defined in a Definitive Agreement (such as an Asset Purchase Agreement).
Listing Info
ID
2292572
Listing Views
2177

Contact Seller

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Business Listed by: Darrin Davenport Common Ground Business Brokers

Listing ID: 2292572 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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