MergerPlace

Neighborhood Auto Repair Shop

Colorado (Denver)


  • Asking Price: $55,000
  • Gross Income: $127,235
  • Cash Flow: $41,488
  • Real Estate: Not Disclosed
  • Inventory: $500
  • FF&E: $20,000
  • Listing ID: #202443
  • Established: 1995
  • Employees: 2 FT

Business Description

Independent, full service, Foreign and Domestic car repair shop in Denver, Colorado. They offer exceptional and affordable service to owners of German, European and Japanese cars for much less than the dealer!

They specialize in repair of Volkswagen, Audi, BMW, Mercedes - Benz, Porsche, Volvo, Saab, Mini, Toyota, Honda, Subaru, Mazda, all Italian, domestic cars and trucks. They offer full service on all models using factory level diagnostic tools, equipment and OEM parts whenever possible. They stand behind their work with a twelve months or 12,000 mile warranty. They repair your car in less time, for less money and take great pride in knowing it’s always right the first time.


Business Details

Primary Business Category: Retail Trade - Gasoline and Service Stations
Location: Colorado
County: Denver

Company Information

Year Established: 1995
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 2 FT

Financial Information

Asking Price: $55,000
Gross Revenue: $127,235
Cash Flow: $41,488
FF&E: $20,000
Inventory: $500
Seller Financing Available: No

Property Information

Facilities:

Great location on main thoroughfare through Denver. Reception area, office and restroom in a large well insulated heated and cooled shop with three bays, two lifts and plenty of room for customer parking. Lease terms available 5 years with 5 year option to renew with CPI adjustment.

Growth & expansion opportunities:

Great potential for growth. Shop has three bays and ample parking. Great location right in the heart of Colorado with high number of registered foreign cars in the area.

Competition:

Main competition are dealerships with far higher overhead. Independent repair shops are much more price competitive because the overhead is low and they are not burdened with the requirements of the manufacturer. Additionally, once the vehicle is out of warranty, many dealerships do not want to work on it. Independent repair facilities keep these wonderful automobiles running in top condition. Independent repair shops can offer OEM repair parts, less expensive equivalent replacement parts and used parts in the situation where new parts are no longer available.

Reason for selling:

Owners ready to retire.

Support & Training:

Will train for 3 weeks @ no cost. Owners are very passionate about having their own automotive repair shop and value their customers! Owner is an ASE Certified Master Technician and registered Master Mechanic with Volkswagen of America. He has over 40 years of experience repairing all German cars including a 17-year stint at a Volkswagen dealership where he received VW's Star Performance Award for an unprecedented four consecutive years. Shop is a full service, Foreign and Domestic auto repair shop. They are passionate and meticulous about the work. You can them to repair your prized automobile.

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Business Listed By:

Matthew Wold

Murphy Business Brokers