Full Service Auto Repair Shop
Location: Virginia
Industry: Auto Related > Auto Body and Repair
Financials
Asking Price: $445,000
Gross Revenue: $773,809
Cash Flow: $188,842
Inventory: $36,177 (Not Included in Asking Price)
FF&E: $129,940 (Included in Asking Price)
Real Estate: (Not Included in Asking Price)
Seller Financing: Negotiable
Business Summary
The Company has been independently owned and operated for thirty years by the current owner. It is a full service auto repair shop in a wealthy and rapidly growing community. As would be expected with any business that has been operating for thirty years, it has developed a strong reputation and loyal customer base. With a talented staff and service capabilities that few independent service stations have, it is even recommended to potential customers by their competitors. The Company is one of the leading independent repair shops within its marketplace in terms of expertise across almost all makes and models of cars. The owner desires to enter retirement and is offering the business for sale at the asking price of $445,000, plus inventory. An asset sale is anticipated.
About the Business
Year Established: 1978
Employees: 8 full time -
Facilities: The facilities are a painted cinder block building with 7 large bay doors opening to 9 service bays with lifts. They have 1 front end alignment machine and 2 truck drive lifts with a tire changing room, waiting room, front office, and a technicians room with computers. A five year lease is available.
Market Outlook and Competition: The business is located near a major state University, hospital, law school, and business school. It is in a rapidly growing community and is on the only major road leading out to an area that is experiencing explosive growth as the community expands west. It is uniquely situated to enjoy heavy commuter traffic increase over the next several years.
About the Sale
Management Training and Support: Current ownership is willing to stay on for a reasonably negotiated transition period.
Reason For Selling: Retirement

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Listing Tools
BizQuest ID:889253
Seller ID:2075
Business Listed By
Name:Ron Rash
Company:MidAtlantic Business Advisors
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