- April 5, 2024
- Posted by: Business Brokers & Consultants
- Categories:
Automotive and Light Truck Repair Center- with Corner Real Estate
This is an exceptional opportunity to acquire a highly profitable automotive repair facility that includes Corner Real Estate. The business is NOT a franchise, so there are no franchise fees cutting into your profit margin. It is privately owned and boasts a thirty-year track record. That kind of history provides repeat business, referrals and name recognition on par with any franchise. Quality work, reliability and OUTSTANDING location have all contributed to its success. The business benefits from a superb reputation for honesty and quality- earning a near perfect Google review rating. It literally has hundreds of 5-star reviews posted by real customers over the years. The business employs a loyal and knowledgeable crew. Several key technicians have been with the business for many years.
Annual Revenues and Net Profits are consistently on the rise. 2022 posted an 11% increase over the prior year, and 2021 showed a strong re-bound from 2020's COVID impact. The automotive repair business has proven itself recession and pandemic resistant- and This Shop, in particular, faired COVID impact especially well.
Although the owner's integrity plays an obvious role in The Shop's success, it is fully-staffed by loyal employees who do the actual work. That means it can transition to a buyer with business acumen or an honest mechanic equally well. If you have good people skills and character you're qualified to carry on its legacy of success.
We work with a number of banks and SBA lenders. This business has been pre-qualified by those lenders for financing. Serious buyers please inquire by calling our offices. For fastest turnaround, submit an non-disclosure agreement through our website.
Retirement
The Seller will train and assist the buyer for a period of two weeks as part of the purchase price. Seller is willing to provide consulting services by separate agreement, as needed, thereafter. A loyal staff is also in place to assist with the transition and keep business operations moving forward.
This Listing includes real estate. The property is located on a corner lot with excellent visibility from a major thoroughfare. The property is just under 1.5 acres on a level lot with plenty of paved parking. Pride of ownership is evident throughout. The Shop is neat as a pin, with over 7,000 square feet, 8 hydraulic lifts, multiple overhead doors and nicely appointed interior waiting and break rooms. The facility is perfectly suited to its purpose with room for future growth.
There is more than enough business in this market to keep all competitor busy. But this Company's physical resources and reputation have made it the go-to choice for large commercial fleets and retail customers alike. Decades of proven integrity and quality service have resulted in organic sales. It is highly rated and reviewed on Google with hundreds of 5 star reviews.
The Business is located in an area that is booming with residential and industrial growth. New and used vehicle prices are skyrocketing meaning people are keeping their current vehicles on the road longer.