MergerPlace

Niche Automotive Repair

Utah (Salt Lake)


  • Asking Price: $179,000
  • Gross Income: $462,913
  • Cash Flow: $145,917
  • Real Estate: Not Disclosed
  • Inventory: $19,000
  • FF&E: $50,000
  • Listing ID: #218190
  • Established: 2014
  • Employees: 1 FT

Business Description

This specialized automotive repair business is a highly respected service provider for European automobiles. The owner is highly trained and widely recognized for his providing outstanding service at prices well below dealer costs. This has led to a very positive brand recognition and reputation among the public; thus creating a loyal client base.
The business is well located along a major thoroughfare in a 4 bay facility with additional space for an office and support areas. The business is well equipped with all of the tools and equipment needed for a buyer to step in immediately able to provide all customary services.


Business Details

Primary Business Category: Services - Other Services
Location: Utah
County: Salt Lake

Company Information

Year Established: 2014
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 1 FT

Financial Information

Asking Price: $179,000
Gross Revenue: $462,913
Cash Flow: $145,917
FF&E: $50,000
Inventory: $19,000
Seller Financing Available: No

Property Information

Facilities:

The business is housed in a 2,700 square foot facility located on a major thoroughfare in Salt Lake. There are 4 service bays fully equipped with the lifts and diagnostic equipment one would expect of a premier auto shop.

Growth & expansion opportunities:

The facility has 4 operational service bays, allowing for increased business. With the addition of another employee, as well as the experience and ability of a new owner, the business could easily handle an additional 50% increase in business without further investment in tools and equipment.

Competition:

Though there are many automotive service centers in Salt Lake, this business has set itself apart as a leader in the specialized care demanded by discerning automobile owners. Owners of these cars want to take very good care of them and thus are often forced to go to the dealerships and pay dealership prices. This business thrives on providing matchless service at affordable prices.

Reason for selling:

This owners are relocating out of the area due to personal reasons.

Support & Training:

Will train for 4 weeks @ no cost There is a full time employee who is well trained and capable of providing excellent service. However, the buyer should be skilled in auto mechanics with the ability to learn quickly the specifics for certain models.

Contact Business Seller

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Business Listed By:

Marvin Slovacek

Murphy Business Brokers