MergerPlace

Full Service Auto Repair & Gas

Virginia


  • Asking Price: $790,000
  • Gross Income: $1,883,543
  • Cash Flow: $261,692
  • Real Estate: Not Disclosed
  • Inventory: $50,000
  • FF&E: $436,787
  • Listing ID: #202252
  • Established: 1984
  • Employees: 8 FT/3 PT

Business Description

This full service automotive repair and service station is located within 1 block of a University in Southwest Virginia. The business has built a solid reputation in the community for being efficient and reliable. The station is AAA affiliated, has AAA towing and a loyal customer base from the University and surrounding community.


Business Details

Primary Business Category: Retail Trade - Gasoline and Service Stations
Location: Virginia

Company Information

Year Established: 1984
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 8 FT/3 PT

Financial Information

Asking Price: $790,000
Gross Revenue: $1,883,543
Cash Flow: $261,692
FF&E: $436,787
Inventory: $50,000
Seller Financing Available: No

Property Information

Facilities:

The station boasts a prime location with good traffic count. There are 4 bays for auto repair, maintenance, inspection, etc.

Growth & expansion opportunities:

As long as the company holds the AAA Towing and AAA Authorized Auto Repair contracts no other business can sign with AAA. The enrollment of the University will continue.

Competition:

Competitors of the Business are not located as close to the University as this Station. They also do not offer roadside assistance and are not AAA affiliated putting them at a distinct disadvantage.

Reason for selling:

Owner is exploring another business opportunity.

Support & Training:

Will train for 4 weeks @ no cost. Services offered: Alignment, Air Conditioning Service, Batteries, Computer Diagnostics, Cooling System, Service & Repair, Engine/Transmission Repair, Oil/Filter and Lube, State Inspections, Suspension Repairs, Gas/Diesel, Rebuild Transmission, Radiator Service & Repair, Tires/Tire Rotation, Tune-ups, Towing/Roadside Assistance (24hr), Used Car Dealership.

Contact Business Seller

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Business Listed By:

Richard Halterman

Murphy Business Brokers