General Automotive Repair and Tire Shop

Headquartered in South Georgia, this automotive business offers comprehensive vehicle repair services, including oil changes, brake jobs, tire installations, engine repairs, and general maintenance solutions. The Company has been established in the regional market for over 30 years and has an excellent reputation for professional customer service as well as quality repairs and maintenance. Overall, they operate through three major internal profit centers: general auto repair (66% of 2023 revenue), tires (27%), and other services (7%). The facility comprises approximately 5,000 square feet, and is utilized for vehicle service purposes and has 6 bays and 5 lifts and an office space. Their trained staff is capable of handling most any automotive repair.

This automotive repair business maintains a large database of regional customers, and over 70% of revenue comes from recurring, active customer vehicle repairs. Their established retail as well as commercial account base is a strong asset that contributes to stability, and presents opportunities for revenue growth. The Company's revenue is projected to reach $1.4 million in 2024, 16.6% growth over 2023. Success in the industry is driven by access to key customers, supplier relationships, industry certifications, effective quality control, technical competence, and a good reputation. This Company excels in each of these areas, and is well-positioned for growth and success.

INVESTMENT APPEAL
Management Will Remain through Transition: The owner is willing to stay with the Company during a transition period in order to ensure a seamless transfer of ownership.

Superior Name and Reputation: This Company has a strong reputation for its focus on automotive repair service, offering reliable equipment expertise, and providing high-quality automotive products.

Strong Customer Relationships: The Company has strong ties to clients due to its industry expertise, strategic location, and excellent customer service. No single customer accounted for more than 1% of revenue during the historical period. The diversified customer base helps ensure that the Company will not be significantly impacted by the loss of a single account.

Industry Expertise: Many of the Company’s key employees have significant industry and service knowledge. This wealth of experience and expertise provides a significant intangible asset and advantage over many local and regional competitors.