Auto Repair Shop North Seattle - Well Established


Asking Price: $295,000
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  Aaron Muller
Phone: 425.274.2092
Email: info@ACBrokersInc.com
 

Listing Information

Address: , North Seattle, WA,
Gross Income (last 12 months):
$653,370.00
Value of Furniture, Fixtures, and Equipment:
$37,420.00
Cash Flow (last 12 months):
$93,756.00
Included in Asking Price?:
Yes
Year Established:
1988
Value of Inventory:
$14,943.00
Number of full-time employees:
3
Included in Asking Price?:
Yes
Number of part-time employees:
0
Value of Property (if for sale also):
--
   
Included in Asking Price?:
No

Description


Founded in 1988, this is a well-established, full-service auto repair shop on a highly busy street in North Seattle. The services provided include factory-scheduled maintenance, engine diagnostics, electrical systems repair, tune-ups and oil changes, cooling system service, starter and alternator repair, exhaust repair, transmission repair, axle and driveline repair, brakes, and other auto repair services. The average repair order (RO) is $413.78 and the car count is over 30 cars per week. The owner does not fix cars. There are 3 automotive technicians. The owner spends approximately 40 hours a week overseeing the business and working at the front counter as a service advisor. Due to health issues, the owner is looking to move on. This is an excellent opportunity to take over a well-run shop at a great location and take it to the next level.

Facilities / Location


The location is excellent with a very high traffic count. The 3,500-square-foot shop has 10 bays, 6 lifts, and 20 parking spaces. Business hours are 8 AM to 5 PM Mondays through Fridays.

Competition / Market Pros & Cons


There will always be demand for car repair services. This business has been established for 29 years, has a steady and loyal clientele, and an excellent reputation. The location is fantastic, and the business is well-run.

Growth and Expansion Pros & Cons


Due to health issues, the owner does not have the same level of energy to actively grow the business. A new owner with fresh energy and a focus on marketing could take revenues and profits to the next level.

Support / Training Available


The seller is willing to train. Details negotiable.

Reason for Selling


Health issues.

Any Financing Seller Will Provide?


Cash at closing. Broker can assist buyer in obtaining bank financing.

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