- August 31, 2024
- Posted by: Business Brokers & Consultants
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SOLD Sept- 2024: Automotive and Light Truck Repair Center- with Corner Real Estate
This highly profitable automotive repair facility SOLD on Sept 20,2024 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