This is a profitable auto repair / transmission shop in Pierce County, WA. The asking price is $350,000 for the business and $1,400,000 for the property, totaling an asking price of $1,750,000. Established since 1976, this is a well-known auto repair / transmission repair company with an excellent reputation in the community. The shop works on 15 to 20 cars per week. The average repair order (RO) amount is $2,400 to $2,800 for major repairs and $250 to $350 for minor services. There are five full-time employees, including transmission builders, R&R technicians, and auto service technicians. The owner works full-time in the business. His job duties include being the service writer, doing vehicle diagnostics, and performing general management. The owner’s wife also works full-time in the business doing office work, answering the phone, and paying bills. After many years of running the business, the owner is looking to retire. This is a rare opportunity to own an established transmission and auto repair service shop, enjoy the cash flow, and grow it to the next level.
The property is very-well located in a high-traffic area. The building is 7,675 square feet, and the land totals 39,579 square feet. There is plenty of parking. There are eight bays inside, plus five bays outside that are used during the summer. One company vehicle is included in the sale as well.
Competition / Market Pros & Cons
This is a well-established business that has been in the community for 44 years. The location is excellent. The business is well-known in the community and enjoys lots of referrals. There are lots of 5-star reviews online as a result of the company’s commitment to quality, excellent service, and integrity.
Growth and Expansion Pros & Cons
The owner has built a solid business foundation. The business is profitable, and the employees have been with the company for many years. The owner hardly advertises. A new owner with fresh energy and a focus on marketing can grow this business to the next level.
Support / Training Available
Seller is willing to train to provide a smooth transition. Details negotiable.
Reason for Selling
Seller Will Provide?
Cash at closing. Broker can assist Buyer with bank financing.