Established Automotive Service Facility

Salem, OR
Asking Price:$1,750,000
Gross Revenue:$1,100,000
FF&E:$100,000
Established Year:1979
Cash Flow:$220,000
EBITDA:$198,941
Real Estate:$1,200,000
BUSINESS DESCRIPTION

Business and Property Can Be Sold Together or Seperately.

Established in 1979, this business has a long history of service to the Salem and Keizer communities. In an annual newspaper poll, it was voted one of the "Best of Salem" four times. Recognized for service, quality, and integrity, the shop enjoys a tremendous amount of repeat business from an established, multi-generational client base of local residents and fleets. The business occupies a prominent Seller Owned building with seven bays and six lifts, including one 12000lb. two post lift. The real estate consists of two attached buildings on approximately one acre of fenced property. The first floor includes a customer service and reception area, executive office, and restroom. The work area includes seven repair bays and six lifts. There is a second-floor conference room, office space, and storage. There are 12 paved parking spaces, including handicap parking, and a half acre for overflow parking, storage, and future expansion. Sales have been over one million dollars per year for the last two years ($2.3 million). Last year, the average repair order was $880.24.


DETAILED INFORMATION
Location
Salem, OR
Inventory
Included in asking price
Real Estate
Owned
Included in asking price
Building SF
6,025
Employees
6
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The business occupies nearly one acre of land with two attached buildings. The property is fenced and gated. All shop tools, parts, supplies, equipment, and fixtures, except personal items, are included in the sale.
Competition
This is a rare opportunity to own your own property and have room for growth and expansion. This is a turn key operation with built-in customers and immediate income generation of over million dollars per year. There is ample room for growth and expansion.
Growth & Expansion
There is one-half acre available for expansion and adding services including towing, body and paint, trailer rental, and other services.
Financing
SBA financing available. Signed NDA required for further information.
Support & Training
Owner will provide transition support.
Reason for Selling
Owner Looking to Retire.
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Robert