Full Service Automotive Repair and Tire Center
Location: Virginia > Mecklenburg County
Industry: Auto Related > Auto Body and Repair
Financials
Asking Price: $129,000
Gross Revenue: $418,622
Cash Flow: $103,623
Inventory: $5,000 (Included in Asking Price)
FF&E: $115,000 (Included in Asking Price)
Real Estate: $299,000 (Not Included in Asking Price)
Seller Financing: Business is SBA pre-approved
Business Summary
This business is an established, profitable full service automotive repair center located in South Central Virginia. The business has grown due to the honest, thorough work performed for their customers. Virtually all types of services are provided including tire sales and installation, state inspections, front end work and alignment, computerized engine diagnostics, transmissions, air conditioning, batteries, steering, tune ups, and oil changes. Most business is secured through customer referrals as a resulf of the excellent reputation this service center has built. The Business was established in 1991 and has grown to be the only full service repair center in its market. Current ownership purchased the business in 2004 and continued the business' tradition of quality service. The market area is undergoing an economic resurgence with many new businesses moving to town. This is reflected in higher 2007 revenues and offers excellent potential for future growth. The 3,760 square foot facility with five work bays, located on 1.69 acres is also available for sale for $299,000. This is a great opportunity for someone to own an established, well known automotive service facility with an extensive customer list and great reputation.
About the Business
Year Established: 1991
Employees: 4 full time -
Facilities: Five service bay, 3,760 square foot garage with office and customr reception/waiting area, located on 1.69 acres. Real estate owned by seller with business paying $2,835/month rent.
Market Outlook and Competition: Only full service repair and tire center located in its market.
About the Sale
Management Training and Support: Seller will train at current salary for a reasonable transition period.
Reason For Selling: Owner health issues

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Listing Tools
BizQuest ID:870539
Seller ID:13761052
Business Listed By
Name:Tom McCann
Company:The McCann Company
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