Listing: Automotive Repair Service Business

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 remained up to date with modern technology by utilizing new computer programming equipment, and the latest accounting and operating programs. The Company has a customer database 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 projected $900K

EBITDA:  $95K    2020 projected $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, creating additional revenue streams. Specifically, management believes that there is significant growth potential for adding the following:

*Tire and Alignment Services                    *U-Haul Rentals

*Western Plows and Services                   * Free Car Wash

*Towing and Storage Services

Owner Involvement: Full time – one of the 5 employees

  • Support & 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 Available: TBD

For more information, please contact:

Marcia Conley
marcia@bibgroup.net
(260) 760-3306