MergerPlace

The Trustworthy Auto Repair Shop

Florida


  • Asking Price: $159,000
  • Gross Income: $488,499
  • Cash Flow: $79,859
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $10,000
  • Listing ID: #217488
  • Established: 2004
  • Employees: 3 FT

Business Description

A busy full service auto repair shop. A long-standing reputation for complete honesty in auto repair services to the local community for more than a decade. The shop subscribes to, and utilizes, the latest computer diagnostic equipment. Convenient location near busy main road. Whether it's air conditioning issues, brake repair, oil changes, batteries, or more, the trained technicians are ready to help. The shop can care for a car, truck or SUV, any brand or model, whether import or domestic. Customer reviews reflect the very satisfied, loyal customers that keep this shop busy.


Business Details

Primary Business Category: Services - Other Services
Location: Florida

Company Information

Year Established: 2004
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 3 FT

Financial Information

Asking Price: $159,000
Gross Revenue: $488,499
Cash Flow: $79,859
FF&E: $10,000
Seller Financing Available: No

Property Information

Facilities:

Located just off of a major road with over 71,000 Average Daily Count of vehicles passing, according to the DOT. Shop features a few bays and all the necessary equipment.

Growth & expansion opportunities:

Regarding auto repair shops, experts say, "Profit trend is up as people keep their vehicles longer. Location and facilities are very important. Auto repair has been primarily a recession-proof industry so the trend is favorable." An important feature auto repair customers are seeking is honesty and trustworthiness. This business has a long history of providing quality workmanship that the customer can rely on and feel comfortable coming back to.

Competition:

Although dealerships receive warranty work from their customers, many people are keeping their vehicles longer and are interested in a trustworthy smaller repair shop with less overhead and a more intimate customer relationship. The start-up cost to open a new auto repair shop is very high and creates a barrier to entry into the market. A positive reputation in the community, which drives business, only comes from a history of consistent service.

Reason for selling:

Owner to disclose.

Support & Training:

Will train for 2 weeks @ no cost The shop provides most auto repair services, other than body work. Using sophisticated computer diagnostic equipment, the shop can efficiently assess the car's issues and provide a solution. Shops can get parts delivered quickly today, so no need to maintain a large inventory. The business has several skilled mechanics, other than the owner.

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Business Listed By:

Mark Purtee

Murphy Business Brokers