This is a fantastic chance to buy an automotive service business with 43 years of experience. The business wheelhouse is auto repair and maintenance provided with five bays, all lifts, and state-of-the-art equipment capable to repair a car of all makes and models. The auto repair shop for sale is conveniently located on a busy thoroughfare. It includes all necessary FF&E and inventory.
Premises:
The business for sale specializes in automotive auto repair and general vehicle maintenance providing exhaust, transmission, air conditioning, brakes, axle repair and replacement, wheel alignment, and more for automobiles and trucks. It leases 2,880 square feet at $5,741 per month including a triple net lease. This shop features five vehicle bays with three lifts, an office area and waiting room for clients, and a restroom.
Opportunities:
- Hire more technicians to take on more orders;
- Expand working hours & days;
- Focus on social media presence to attract more clients;
- Use marketing to promote services.
Market:
Considering the fact that auto repair services are always on demand, there is large competition from franchises to independent operations. The USA has one of the largest auto markets in the world and in the last 10 years, the total of vehicle ownership for new & used vehicles has increased by 60%. One more tendency which is tracked nowadays is that consumers are keeping their vehicles for a longer period and knowledgeable of preventive maintenance and regular service to increase the lifetime of their cars. According to statistics, 75% of aftermarket automotive repair is done by independent auto repair shops. This means that a business like this one, with such a strong reputation and decades of experience, is a golden opportunity for a buyer to take over and keep it running to its maximum potential in a trade that is always in demand and demonstrably profitable.
Employees:
There are currently a total of 3 (2 full-time and 1 part-time) employees.
Support & Training:
The owner is keen that any incoming owner would benefit from a two-week assisted handover.
Shareholder Objectives:
This sale is due to the owner’s retirement. He has obtained an Ignition Interlock license, Hot Work Safety Certificate as well a permit for flammable liquids from the Fire Department, and garage operations and boiler permit for the compressor. A prospective buyer is required to have a good knowledge of auto repair.
