Automotive Repair – High Value Real Estate- Great Track Record

Automotive Repair – High Value Real Estate- Great Track Record

Price: $1,750,000.00
Location: Kentucky
Industry: Automotive
Listing ID: 6498514

This full service auto repair shop has been in business for over 50 years, but don't let its long history of success fool you into thinking it's behind the times! The shop is high tech and neat as a pin! Its assets, back office systems and workflows are sure to impress on site visits. It maintains a dynamic website, enabled with on-line scheduling, night drop capabilities, and other customer service forms. Skilled technicians and back office staff support the working owner.

It offers express services for oil change, brake repair, and tires, as well as transmission, engine and other complex vehicle repair services. The Company has an established a reputation that reflects integrity and skill, and it maintains numerous industry certifications.

Total Sales: $1,412,499.00
Cash Flow: $247,234.00
EBITDA: 92,779
FFE Included: Yes
FFE: $249,000.00
Inventory: $5,000.00
Reason For Sale:

Retirement

Training & Support:

The seller will remain on-site for 2-weeks after closing to support and train the buyers. Seller is open to additional consulting by separate agreement thereafter.

Days & Hours of Operation: Mon- Fri
Owner Hours Per Week: Mon- Fri
Employees: 4
Managers: 1
Type of Location: Commercial
Facilities Information:

Location, Location, Location! This business is situated on a busy thoroughfare with easy access from two roadways and a stoplight. Approximately one acre with paved parking. Building is masonry open-span with a welcoming waiting area and loads of workspace. Well maintained inside and out, roof, paint, parking lots and structure are all in great condition.

Competition:

This business is a community fixture due to its location and history. Always busy with customers who prefer personalized service from a local business to working with a big chain service center. Pricing is very competitive and big chain competition is miles away.

Potential Growth:

Trusted business with a loyal clientele. Families offer room for expansion and growth.

Financing/Terms:

Owner will finance up to 10% & Business is prequalified for SBA backed financing

Otis Florence, Principal Broker

Phone: 5002-425-0995
For more information on this listing, please complete our Non-Disclosure Agreement

Otis Florence, Principal Broker