Profitable Auto Repair - Retirement Forces Sale
Location: Washington > Poulsbo
Industry: Auto Related > Auto Body and Repair
Financials
Asking Price: $290,000
Gross Revenue: $588,000
Cash Flow: $100,000
Inventory: $5,000 (Included in Asking Price)
FF&E: $100,000 (Included in Asking Price)
Seller Financing: Seller will finance up to 10% for an approved buyer.
Business Summary
If you're a service writer looking to start your own auto repair business, this is an excellent opportunity for you. This business is not only turn-key, it's profitable and has the opportunity to grow with some renewed energy. The car count is high and they are the only repair facility in their immediate neighborhood. This facility is laid out perfectly and can accommodate growth. Current owner isn't advertising much as he's been forced to take a back-seat to health issues in his family.
About the Business
Year Established: 1990
Employees: 5 full time -
Facilities: This facility is perfect for its use. Great location and very good landlord.
Market Outlook and Competition: With the new car market crashing, that means that there will be more tune ups and repair services to come as the average age of vehicles gets older. This is a growing neighborhood too.
About the Sale
Management Training and Support: Owner will transition a new buyer for 14 days.
Reason For Selling: This is a forced sale due to health problems in the Seller's family.
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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