Pierce County Auto Repair with Real Estate


Asking Price: $550,000
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  Aaron Muller
Phone: 425.274.2092
Email: info@ACBrokersInc.com
 

Listing Information

Address: , Pierce County, WA,
Gross Income (last 12 months):
$431,193.00
Value of Furniture, Fixtures, and Equipment:
$51,193.00
Cash Flow (last 12 months):
$43,913.00
Included in Asking Price?:
Yes
Year Established:
2001
Value of Inventory:
$3,000.00
Number of full-time employees:
3
Included in Asking Price?:
No
Number of part-time employees:
0
Value of Property (if for sale also):
$460,000.00
   
Included in Asking Price?:
Yes

Description


This is an established auto repair shop in Pierce County, WA. The asking price includes both the business and real estate. The business and property must be purchased together as a package. Established since 2001, the business performs a full range of auto repair services such as oil changes, preventative maintenance, mechanical repair, electrical repair, brakes, HVAC services, etc. In addition, the business also does tire sales, towing, and some car sales. There are currently 3 full-time automotive technicians. The owner works approximately 10 to 20 hours a week on general management, and filling in as the service advisor as needed. The car count is approximately 40 cars per week, and the average RO is approximately $213. The owner is selling due to his desire to move to a warmer climate. This is an excellent opportunity for an experienced individual to take over an established auto repair shop, grow it to the next level, and enjoy the equity buildup that comes with owning the real estate long term.

Facilities / Location


Two parcels of real estate are included in the asking price. There are two different buildings that are connected with approximately 6,500 square feet total. The shop has 5 bays – all are 12 feet high. Four of the bays are 10 feet wide, and one bay is 12 feet wide with electric openers and remotes. The back section has 2 additional bays – one is a paint booth with ventilation system. There are approximately 30 parking spots. Two loaner vehicles are also included in the asking price.

Competition / Market Pros & Cons


Located in a small town in Pierce County, this auto repair center is one of the major players in town. In the last 18 years, the owner has worked hard to build an excellent reputation and loyal customer base. The building is well maintained.

Growth and Expansion Pros & Cons


The owner has done very little advertising. The business does not have a web site. There is always demand for auto repair services because people need cars to get to work. This business could be grown to the next level with a new owner who puts fresh energy and effort into marketing.

Support / Training Available


The seller is willing to train. Details negotiable.

Reason for Selling


Owner wants to spend half the year living in a warmer climate.

Any Financing Seller Will Provide?


Seller financing negotiable. Broker can assist buyer in obtaining bank financing.

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