Automotive Repair and Transmission Shop - Amazing Opportunity!


Asking Price: $125,000

SOLD

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  Aaron Muller
Phone: 425.766.3940
Email: info@ACBrokersInc.com
 

Listing Information

Address: , South Seattle, WA,
Gross Income (last 12 months):
$666,352.00
Value of Furniture, Fixtures, and Equipment:
$68,940.00
Cash Flow (last 12 months):
$98,103.00
Included in Asking Price?:
Yes
Year Established:
1993
Value of Inventory:
$120,600.00
Number of full-time employees:
4
Included in Asking Price?:
Yes
Number of part-time employees:
0
Value of Property (if for sale also):
--
   
Included in Asking Price?:
No

Description


This is an auto repair and transmission shop in the South Seattle area that has been established since 1993. The shop performs transmission repairs, rebuilds, transmission service, drive line repair, transfer cases, differentials, CV axles, clutches, and auto repair jobs including brakes and oil changes. There are currently 4 full-time employees. The owner does not work on cars. The owner works approximately 30-35 hours a week answering phones, ordering parts, communicating with customers, paying bills, and overseeing the business. The owner’s wife works 2 to 3 hours a week sending thank you notes to customers, assisting with e-mails, and managing the web site. The owner is retiring due to health issues. Approximately $120,600 worth of inventory is included in the asking price. The business is priced to sell. This is an amazing opportunity to take over a well-established business and grow it to the next level.

Facilities / Location


The main shop is 4,000 square feet with 3 bays, 3 lifts, and 49 parking spots. There is an additional 1,600-square-foot storage room that contains $120,600 worth of inventory, which is included in the asking price. Business hours are 7:30 AM to 5 PM Mondays through Fridays. A shop truck is included in the sale as well.

Competition / Market Pros & Cons


The shop is located on a very busy street with a high traffic count. Having been established for 24 years, this auto repair and transmission shop has built an excellent reputation in the community. The long-term relationships with parts suppliers also allow parts to be delivered very quickly. As the population continues to grow in the greater Seattle area, the demand for automotive services will continue to increase.

Growth and Expansion Pros & Cons


At retirement age, the owner has not done everything he can to grow the business. A new owner with fresh energy and marketing ideas could take sales to the next level.

Support / Training Available


Owner is willing to train. Details negotiable.

Reason for Selling


Retirement due to health issues.

Any Financing Seller Will Provide?


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

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