Established Boulder County, CO Auto Repair Shop

Boulder County, CO

Seller Financing Available

Established Boulder County CO Auto Repair Shop
Asking Price:$325,000
Gross Revenue:$775,000
FF&E:$75,000
Cash Flow:$145,000
Inventory:$6,000
BUSINESS DESCRIPTION

Located in a very desirable area of Boulder County, this business has a 47-year reputation of excellence and community support, with the most recent 12 of those under the current Owner.

This shop provides the full range of automotive repair services, and also offers a selection of tires and basic parts for retail sale. All of the expected equipment is in place and operational. This is a classic “old school” repair shop, with a focus on honest, competent repair services, and close connection with its customers.

The business has a steady flow of repeat clients from the town and surrounding area. Sales have gone down somewhat over the past couple of years, initially due to Covid impacts, then adjacent road construction, and now linked to Owner’s approaching retirement, but can readily be restored by an energetic new owner willing to focus on basic marketing and promotion.

The landlord will welcome a new owner with lease terms to match SBA loan requirements.

This business is well-priced for an incoming owner-operator who wants to run their own shop. Seller will consider offering a qualified buyer a 20% seller note (up to $65,000) to facilitate the sale.

The Owner wishes to retire, but is prepared to assist the new owner over several months after the sale. Details of transition support to be negotiated with the buyer.


DETAILED INFORMATION
Location
Boulder County, CO
Inventory
Included in asking price
Employees
6
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Financing
Up to 20% Seller financing for a qualified buyer.
Reason for Selling
Retirement
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Don
Hobbs
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Don Hobbs