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Auto Repair & Tire Sales & Service

Chicago, IL
listing image
Cash Flow:$247,198
Inventory:$30,000
Established Year:1986
Gross Revenue:$1,283,601
Real Estate:$550,000
Listing ID: 2284403Listing provided by BizBuySell
BUSINESS DESCRIPTION

Highly Trusted - Nearly 40 year Reputation of Outstanding Service

A fixture in the local market for 38 years. The company was founded as a neighborhood auto repair shop and over time, has become the go to in the area for honest service at a fair price. Serving the local, high-density market, new business is entirely by word-of-mouth referral from loyal customers. There is a significant opportunity to increase revenue, which should be an interesting opportunity for the right buyer.

The Company offers primarily domestic auto repair services and tire sales of all types to mostly non-commercial, individual customers in the local market.

DETAILED INFORMATION
Location
Chicago, IL
Inventory
Included in asking price
Real Estate
Owned
Employees
4
Facilities
BUILDING SPECIFICATIONS + 3,995 SF Building + 15,625 SF Lot + 5,126 SF additional easement parcel. 7 Drive-In-Service Bays The property is owned by the seller in a separate entity. The building is free-standing, of block construction and on a corner lot with ample parking.
Competition
A long established , privately held tire and auto service center. The Company has become known for exceptional customer care, straightforward consultations and quality repair services. Experienced and highly engaged staff of mechanics has led to great customer loyalty in a market that continues to value maintenance and repair over the high cost of purchasing a new vehicle.
Growth & Expansion
- Adding a website promoting repair and tire sales would help marketing for new business by increasing visibility and establishing a platform for online marketing and social media referrals. - The Company does virtually no advertising and so any additional marketing like social media posts of current specialties along with SEO optimization would produce results. The Company is an authorized tire distributor and should promote this tire distribution business which is currently in high demand.
Support & Training
The owner will be available for a customary transition period
Reason for Selling
Retirement
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William
Martin
William Martin & Company, Inc.
Phone Number
William Martin
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