fbpx

For Sale: Automotive Repair

Business Type: Automotive Repair Service Business

Location: Midwest

Business Description: The company is a privately-owned automotive repair garage providing complete foreign and domestic vehicle services. Over the years, the company has a customer base of over 7,500 loyal customers, many of which are third generation families. The company primarily targets local consumers (96% of 2019 revenue), and corporate/government accounts (4%).

Real Estate: Location is rented.

Facility Description: The company operates from a 51,812 square foot garage and office facility.

Asking Price: TBD

Gross Income: $792K

2020 Projection: $900K

EBITDA: $95K

2020 Projection: $107K

FF&E: $55K

Inventory: $35K-$45K

Established: 1989

Employees: 5

Competition: Given in Presentation

Growth & Expansion: The company has potential to diversify the scope of work by offering new services and therefore creating new revenue streams. Specifically, management believes that there is significant growth potential for adding the following:

 

*Tire and Alignment Services

*Western Plows and Services

*Towing and Storage Services

*U-Haul Rentals

*Free Car Wash

Businesses for Sale

Owner Involvement: Full Time – one of the 5 employees.

Support and Training: The owner is willing to stay with the Company during a transition period in order to ensure a seamless transfer of ownership.

Reason for Selling: Other Interests.

Seller Financing: TBD

Contact Our Broker: Marcia Conley

Email: Marcia@bibgroup.net

Phone: (260) 760-3306