MergerPlace

Diesel Repair Shop

Virginia


  • Asking Price: $975,000
  • Gross Income: $1,090,884
  • Cash Flow: $207,940
  • Real Estate: Not Disclosed
  • Inventory: $40,000
  • FF&E: $150,000
  • Listing ID: #215347
  • Established: 1988
  • Employees: 8 FT/ 1PT

Business Description

The Business began with the owner starting out on his own and has a 30 year history of rendering quality services. Presently, the business has an established customer base and serves customers within a 10-mile radius and of course, others beyond that primary area. They perform a variety of services from automobiles to heavy trucks and tractor trailers. Their work includes gas engines as well as diesel trucks.


Business Details

Primary Business Category: Services - Other Services
Location: Virginia

Company Information

Year Established: 1988
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 8 FT/ 1PT

Financial Information

Asking Price: $975,000
Gross Revenue: $1,090,884
Cash Flow: $207,940
FF&E: $150,000
Inventory: $40,000
Seller Financing Available: Yes

Property Information

Facilities:

The business is located in the northern Shenandoah Valley along with the accompanying real estate. The owner, while not preferred, will look at an option to lease the facility. The building/shop totals roughly 7400 sq ft and is contained on 4 Acres. The building is composed on concrete and steel. It is easily visible from a major highway and offers easy access. It contains ample bays for both automobiles and trucks. The remainder of the lot is available for parking.

Growth & expansion opportunities:

The Business has always been solid and successful in spite of the lack of marketing and a credible website. With the addition of a solid staff, there is no end to the work that be added. Perhaps more coordination with the vocational-technical schools in the area and the addition of an apprenticeship program would allow for the growth of a trained staff.

Competition:

There is competition but none within close proximity to the Seller.

Reason for selling:

Age and Retirement are the primary reasons considered for the sale of the Business.

Support & Training:

Will train for 8 weeks @ no cost. The company does a wide variety of work for both automobiles and trucks as well as large tractor trailer trucks including both gas and diesel engines. They also sell car and truck parts, perform state inspections and offer a wash bay for tractor trailer trucks. Their primary target market is both large trucks and trailer repairs. The business has been steady over all the years and tends to weather downturns in the economy quite well.

Contact Business Seller

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Business Listed By:

Richard Halterman

Murphy Business Brokers