Auto Repair Shop - Excellent Location and Profitable


Asking Price: $315,000

SOLD

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  Aaron Muller
Phone: 425.274.2092
Email: info@ACBrokersInc.com
 

Listing Information

Address: Undisclosed, Snohomish County, WA,
Gross Income (last 12 months):
$594,382.00
Value of Furniture, Fixtures, and Equipment:
$100,000.00
Cash Flow (last 12 months):
$120,660.00
Included in Asking Price?:
Yes
Year Established:
1979
Value of Inventory:
$5,000.00
Number of full-time employees:
3
Included in Asking Price?:
No
Number of part-time employees:
1
Value of Property (if for sale also):
--
   
Included in Asking Price?:
No

Description


This is a profitable auto repair shop that has been established since 1979. The shop works on all vehicle makes and models, performing services such as State-certified emissions repair, computerized engine analysis, check engine light diagnosis and repair, brakes, mufflers, standard and automatic transmission, air-conditioning repairs, electronic diagnosis, electronic system repairs, oil changes, scheduled tune-ups, fuel injection systems, front-end alignments, tires, and more. The estimated car count is 25 to 35 cars per week, and the estimated average repair order amount is $285 to $350. There is one manager, two full-time technicians, and one part-time technician. The owner works full-time. He performs some automotive repairs himself, but spends the majority of his time with customers, explaining the repair work needed. Having worked in the shop for the last 36 years, the owner is ready for something new in life. This is a profitable and established auto repair shop that is ready for a new owner to take to the next level.

Facilities / Location


This business has great visibility on a major thoroughfare in Snohomish County, Washington. The shop has 5 bays and 4 lifts. The premise is approximately 2,900 square feet. The rent is $3,626.53 including NNN. The lease is month-to-month. Business hours are 8-5:30 Mondays through Fridays, and 9-4 on Saturdays.

Competition / Market Pros & Cons


There is always a demand for automotive repair shops since driving is a necessity for many people. Even in a recession when some people choose to hold off the repairs, the needed repairs cannot be put off forever, and often times leads to more expensive repairs down the road. The excellent location, established reputation, and proven profitability of this auto repair shop are hard to beat.

Growth and Expansion Pros & Cons


Those familiar with the auto repair industry know that the average repair order amount of $285 to $350 is low. With better upselling efforts, one can take advantage of the existing car count and improve sales. With more time and energy spent on marketing, the weekly car count could be increased as well.

Support / Training Available


The seller is willing to train to achieve a smooth transition. Details negotiable.

Reason for Selling


After 36 years, the owner is ready for something new.

Any Financing Seller Will Provide?


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

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