Automotive Business For Sale
Location Utah,United States
Asking Price Range < $250K
Gross Revenues $177000
Net Profit / Cash Flow $177000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2007
Number of Employees 1 - 3
Inventory $10,000
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training 40 hours of training from the owner to make the transition smooth. We'll discuss processes, experiences, and important vendor account information to give you a jump start on your new endeavor.
Reason for Sale Relocating.
Description Business type: automotive maintenance and repair service exclusive to enterprise rent-a-car.
Location: Salt Lake City, UT near SLC International Airport
price: $99,000 (seller financing available)
business includes:
- enterprise rent-a-car Salt Lake City International Airport account with sales totaling just over $177,000 in 2010.
Enterprise rent-a-car is growing by leaps and bounds: with this in mind, maintenance for their fleet has never been more important. When we started with ERAC back in 2007, this location had just over 1,100 cars in their fleet. In 2010, they peaked at almost 2,400 cars. That's over 100% growth rate in 3 years! With this many vehicles, shuttling their cars and trucks off-site to other vendors became very unproductive.
We're ERAC's exclusive on-site vendor for their growing fleet at this location: we provide the following services to make rental car turnaround lightning fast:
- oil change / tire rotation / brake inspection (LOFR)
- headlight / bulb replacement
- wiper blade replacement
- brake replacement
- tire services (flat repairs, mounting, balancing)
- any other repairs not covered by manufacturer warranty
This is a very profitable business: as owner /operator you can expect an annual profit of approximately $90,000 per year (around 60% working 5 days per week). As manager with 2 mechanics as your employees, plan on a profit of approximately $35,000 (around 40%).
Additional support: plan on getting 40 hours of training from the owner to make the transition smooth. We'll discuss processes, experiences, and important vendor information to give you a jump start on your new endeavor.
Email or call Lee at 801.891.8063 for more information on this automotive business for sale.
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