Auto Repair Shop with Real Estate - Price Reduced!


Asking Price: $695,000
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  Aaron Muller
Phone: 425.274.2092
Email: info@ACBrokersInc.com
 

Listing Information

Address: Undisclosed, Marysville, WA,
Gross Income (last 12 months):
$485,482.00
Value of Furniture, Fixtures, and Equipment:
$186,750.00
Cash Flow (last 12 months):
$84,332.00
Included in Asking Price?:
Yes
Year Established:
1993
Value of Inventory:
$9,647.00
Number of full-time employees:
4
Included in Asking Price?:
No
Number of part-time employees:
0
Value of Property (if for sale also):
$545,000.00
   
Included in Asking Price?:
Yes

Description


Located in Marysville, WA, this is a great opportunity to own a well-run auto repair shop with real estate. The business is an independent full-service automotive repair facility that performs services such as oil changes, preventative car maintenance, certified emissions repair, brake service, engine and transmissions, heating and A/C, batteries and starters, car computer evaluation and diagnostics, etc. Both the business and property are included in the asking price of $695,000 and the broker can assist the buyer in obtaining financing. There are 3 full-time automotive technicians and 1 full-time service writer. The owner works at the front counter approximately 40 hours a week answering phone calls, providing estimates, ordering parts, and overseeing the business. The owner’s wife spends approximately 4 hours a week filing. The owner is reaching retirement age and hopes to go places and enjoy time with his wife while they still have their health. The current car count is approximately 30 cars per week with an average repair order (RO) around $350. A new owner with fresh energy and marketing ideas could take revenues and profits to the next level by bringing up the car count and the average RO.

Facilities / Location


The building is 5,000 square feet situated on 0.55 acre. There are 11 service bays and 4 surface mounted lifts. There are 2 workstations at the front office and 1 workstation at the rear tech office. A complete shop management, invoicing, CRM system is included in the sale along with the equipment needed to repair all makes and models of domestic vehicles, import vehicles, off-road vehicles, company fleets, and even travel trailers and campers.

Competition / Market Pros & Cons


Over the last 22 years, this auto repair shop has established an excellent reputation in the community. With its commitment to providing excellent customer service, the company is full of 5-star reviews on social media, and is a winner of various awards. The seller has built an excellent foundation so the new owner can leverage the goodwill and take the business to the next level.

Growth and Expansion Pros & Cons


There is always demand for auto repair services in good economic times or bad. People need their cars to get to work, and putting off car repairs will only lead to even more expensive car repairs down the road. The seller is reaching retirement age and not necessarily putting in everything that could be done to maximize business. For instance, the business is only open 4 days a week. There are lots of customers who would appreciate having the shop open 5 days a week, or even on the weekend since many people work during the week.

Support / Training Available


The seller is willing to train. Details negotiable.

Reason for Selling


Retirement.

Any Financing Seller Will Provide?


Broker can assist Buyer in obtaining financing.

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