Automotive repair facility with big growth potential

Deep River, CT
Asking Price:$185,000
Established Year:2019
ASSET SALES DESCRIPTION

Modern automotive repair facility seeks new owner

4000 sq/ft automotive repair facility located in high traffic, small town environment. Layout includes two full size repair bays with extra tall lifts. Alignment bay includes low profile scissor lift and current up to date Snap On motorized laser alignment machine. New Snap On tire machine and computerized balancer. Large open space floor plan allows up-too 4 technicians to work with adequate space, enough space for 10+ cars to be in the building at once. All equipment is modern and less than 4years old, building has air conditioning with propane heating as well as waste oil burner. Clean well lit office space, with room for customers to wait while service is performed. 24hr video recoding interior and exterior.

Shop has been owner operated for 4 years, gross revenue is roughly $300k per year with an average 33% profit each year, with a larger team and broader marketing campaign these figures would easily increase. Area is high traffic and poised for growth, current reach is about 10mile radius. Only shop in that radius offering full list of services; diagnosis, maintenance, repair, tires, alignments (including lowered car and track cars), vapor honing, and welding fabrication.

Purchase includes vapor hone machine, and owner can teach buyer how to operate and market this service for additional income. Purchase includes all equipment, tools and stock.

Purchaser will take over the remainder of the gross lease that is currently in place. Monthly overhead is as follows;
$2600 rent (possibility for negotiation)
$1000 utilities (Electric, Gas(winter only),Internet & Phone

Business is well established with all local parts vendors and suppliers, wait times for parts are very low. Business is an Interstate Battery dealer. Full customer list included with sale.


DETAILED INFORMATION
Location
Deep River, CT
Facilities
2- Bendpak high rise lifts 1- Snapon low profile scissor lift 1- Snapon tire machine low profile tire capable 1- Snapon computerized wheel balancer 1- Snapon computerized alignment machine 1- 10hp air compressor 1- Snapon Solus scan tool (up to date software) 1- Parts washer 1- Vapor hone machine 1- Miller 252 mig welder 1- Everlast tig welder 1- Brunswick spring compressor Full assortment of shop specific repair and diagnostic tools
Support & Training
Owner can offer basic training and transitional help, for an additional cost.
Reason for Selling
Moving out of state
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Alexander Strobel
Alexander Strobel