Automotive Repair Shop with 62+ years in business with Real Estate
| Asking Price: | $1,200,000 |
| Gross Revenue: | $435,000 |
| FF&E: | $75,000 |
| Established Year: | 1962 |
| Cash Flow: | $107,000 |
| Inventory: | $8,000 |
| Real Estate: | $975,000 |
Huge Growth and Development Potential
Automotive repair shop that has been established since 1962 in beautiful North Idaho.
The current shop specializes in all years and makes of European vehicles including Aircooled.
The current shop also does all makes and models of American Trucks and SUVs regardless of year.
The shop is equipped with everything you need for basic repairs, to engine swaps, to even making your own custom parts.
Shop is currently outfitted with three 2-post lifts, all in good working order
Shop currently equipped with both R134a and R1234yf A/C machines
Shop has 1 ASE Master Certified mechanic (Lead Mechanic) and one very skilled but non-certified Mechanic (b-tech grade but QUICKLY turning into an A-tech). Current Owner is also Master ASE Certified. Both are self-sufficient and can handle other areas of operations when needed.
Shop has a very good online presence with good, REAL, reviews. The only advertising done is google ads at about $165/month which provides a very good stream of profitable clients.
Shop has CNC equipment that is operated by the current owner only. A Tormach 770m Mill, a HAAS TL1 Lathe with auto tool changer (4-post), a Langmuir Plasma Table with Miller Cutter, manual Pan and Box brake (owner has pre-ordered the new CNC Brake from Langmuir but has not yet arrived), and a myriad of related machining items. CNC, machining, and fab equipment all negotiable with sale.
Land: 1.82 acres of prime commercial real estate in one of the most sought after places to live in the United States. Land is currently NOT annexed into the City of Hayden leaving you countless opportunities to grow, redevelop the land, or expand operations. A tenant rents out a .5 acre lot on the land for $600/mt who also helps maintain the land and provide a watchful eye when shop is closed. Both the Shop Building and Tenant lot are equipped with Septic. Paved driveway was done in July of 2020. Seal Coating of both the parking lot and driveway done in August of 2023. Privacy Fence was installed on the North Side of the property in 2019. Driveway is lined with beautiful blooming flowers and trees during summer. New fertilized top soil and flowers done in 2023. There is a micro-irrigation system for the driveway. The back portion of the land is used for storing customer vehicles and has plenty of room (back lot about 1 full acre). Owner currently does paid storage for a few select customers as well (free cashflow). Countless development and growth opportunities with this land you will NOT find elsewhere in the area.
Building: Building has recently undergone several remodels. The outside shop roof was resprayed in a reflective and sealing coat to shed heat during the summer. The shop portion was fully insulated with R19 in April of 2023. A dual mini-split was installed for the office and lobby July 2023. Office and Lobby were remodeled and painted in November 2021. The exterior of the lobby portion does need to be repainted and is planned to be done later this year by the current owner.
As of 8/24/2024, entire shop now has Air Conditioning. A 5-ton A/C system with air handler was installed during the month of August.
Land and business can be negotiated separately if desired.
Asking $300,000 for business
Asking $975,000 for land
1.2 for both
Please do not disturb business during business hours without an appointment. Unannounced walk-ins without a large briefcase of money will be quickly shooed away
Financials and tax returns available with a signed NDA
BUSINESS LOCATION
