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Profitable Auto Repair Facility
Location Colorado,United States
Asking Price Range $500K - $1.0M
Gross Revenues $651385
Net Profit / Cash Flow $124211
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1993
Number of Employees 4 - 5
Inventory 78500
Relocatable No
Number of Employees 4 - 5
Real Estate Owned
Training Negotiable as required by purchaser.
Reason for Sale Health and retirement.
Description This ''turn-key'' business has been built on providing all customers with quality parts & workmanship at a fair price. They employ a staff of technicians that are ASE trained, honest & knowledgeable. Their goal is to be kind, courteous and understanding while lifting others higher than themselves and to this end, they have a commitment to a high standard of satisfaction and to continuously strive to exceed their customers' expectations.
This business was started in the early '90's and the facility expanded in 1997. The building is just under 5,000 square feet and sits on approximately one half acre of land on a heavily trafficked thoroughfare. The current owner has been in the automotive repair business almost his entire life and when he and his family moved to Colorado Springs they wanted to build an auto repair business that they could always be proud of and customers could trust.
$269,000 for the business and $660,000 for the real estate.
Future potential with this business is great! A new owner could provide services for foreign cars as well as fleet services, neither of which is currently being offered. Tires could be sold as well as doing alignments and what is considered heavy repairs such as engine replacements, transmission replacements and major automotive rebuilds. The current shop rate can be raised to be more in line with independents (just slightly below dealer pricing). The shop has the capacity for additional technicians and the owner feels the current staff is only at about 60% right now. A new more aggressive owner could implement many of these changes without too much in capital expenditures.
Call Dave Finsterwald at (719) 635-8133 for more information.
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