Established Full Service Auto Repair Business

Augusta, GA

Seller Financing Available

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Asking Price:$250,000
Gross Revenue:$760,000
FF&E:$100,000
Cash Flow:$117,000
Inventory:$3,000
Established Year:1982
BUSINESS DESCRIPTION

Auto Repair and Tire Specialists

The Company is independently owned and operated. They have been in business for over 40 years and have built an outstanding reputation as an honest and trustworthy business within the Augusta community. They are in an excellent location and have facilities that provide ample room for expansion by adding additional automotive repair services or by adding complementary services (e.g. body shop, truck rentals) to expand their current business and achieve revenue growth. Their four experienced technicians provide accurate diagnostics, a wide range of auto repairs, and tire services as well.


DETAILED INFORMATION
Location
Augusta, GA
Inventory
Included in asking price
Employees
6
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Facilities offer 18,600 sq. ft. of space in buildings with 13 bays and 8 lifts. The business is located on a ~2 acre parcel with plenty of room for parking and significant ability to expand, either by adding service technicians or adding complementary services (e.g. truck rentals, body shop, auto glass services, etc.)
Competition
This is an established business having been in the community for 40+ years. As such they have a very loyal clientele and have achieved their success with very little marketing. They offer several services not offered by nearby competitors (e.g. electronics diagnostics, bearing pressing) and provide these services for some of their local competitors.
Growth & Expansion
1) Expanded Marketing / Advertising / Website – Could easily drive increase in traffic and revenues. 2) Add Technicians / Expand Hours of Operation – Add service technicians and consider extending daily hours and expanding current 5-day operation to include Saturdays. 3) Add Complementary Services – Excess available space could make adding complementary services easy and profitable. Services could either be added and managed by the owner or sublet to others already with an established presence and looking to expand.
Financing
Negotiable
Support & Training
Owners are prepared to transition the business if/as necessary to achieve an orderly transfer. Longer term transition services or part-time support (e.g. diagnostics) are also a possibility.
Reason for Selling
Owners wish to retire
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Bob Cool