$1.6M Sales, Luxury Auto Repair Biz, $174k Cash Flow, King County, WA
| Asking Price: | $350,000 |
| Gross Revenue: | $1,561,000 |
| FF&E: | $125,000 |
| Cash Flow: | $174,000 |
| Rent: | $10,300 |
| Established Year: | 1985 |
*UNDER CONTRACT as of 8/28/24*
This owner and business are currently in an exclusivity period with a prospective buyer. While the transaction between these two parties is expected to move forward, we will reach out to all interested buyers should the circumstances change.
This luxury auto repair business does it RIGHT. The online reputation, decades in operation, and tenured team all contribute to this humming business.
$1,561,000 - 2023 revenue
$1,715,000 - 2022 revenue
$1,580,000 - 2021 revenue
Strong, growing cash flow - in 2023 business generated $174,000 in SDE (cash flow to owner).
Price appropriately at 2.0x cash flow
****For more info, complete an NDA****
https://wabusinessbrokers.com/nda-registration/
Outstanding Reputation - 200+ reviews and 4.9 stars across several popular social platforms. The reviews speak for themself, submit an NDA and you will see what we mean
Evergreen Customer Demand - SEA metro is one of the most affluent areas of the country. Luxury car owners are exacting and committed to excellence - a luxury car owner will not trust the service and repair of their investment to any auto shop. Wealth creation and population density in our area trend in one direction only - favorable for this business
Growth Levers – number of obvious marketing, sales, and operations levers for new owners to execute on and continue growing the business; more detail provided in confidential marketing documents after you submit an NDA
Employees - 5 FT (4 Technicians + 1 Service Writer) + 1 owner
Equipment in Excellent Condition - FMV est. @ $125k+, includes 7 above-ground automotive lifts, 3 drive-on lifts, 50+ sections of parts and industrial shelving, 16 steel workbenches, 5 Microsoft Surface workstations, numerous machine tools (lathe, milling machine, drill press, etc.) and shop tools (engine jacks, transmission crane, A/C machine, battery chargers and jump boxes, infrared imager, etc.). All transfer to buyer debt-free, all are well maintained. New owner will not need to purchase any vehicles or equipment immediately after buying the business
Seller Financing available - provided buyer is financially qualified, seller open to financing up to 20% of transaction price at a market-rate interest rate. Note strong seller preference for an all-cash transaction
To receive confidential marketing materials with much more detail on the opportunity, complete an NDA here:
https://wabusinessbrokers.com/nda-registration/
After your NDA has been reviewed more information will be released!
