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Get Back on the Road Fast at Ocean Auto

Ocean Park, WA
Asking Price:$925,000
Inventory:$262,000
Established Year:2019
Gross Revenue:$632,000
Real Estate:$175,000
Listing ID: 2273081Listing provided by BizBuySell
BUSINESS DESCRIPTION

Go play and leave the Dirty job to us!

Located in the middle of Bay Avenue is Ocean Auto, LLC, a bustling auto and RV repair garage. With a population of 1900 residents in Ocean Park alone and approximately 38 RV Campsites and over 1,000 RV hookups, this garage is constantly busy Being the only auto repair garage at the north end of the peninsula makes it convenient for residents and travelers.
Included in the sale is a 2 bdrm, 1 bath rental unit at the back of the property. Rental unit currently brings in $1500 per month. Tenant is on a month to month.Currently rented and renter would love to stay.
Head mechanic is a Vet with years and years of experience. He can pretty much detect your problem b y sound alone. Great employees who are hardworking and would love to continue. This is a gem of a business and a great addition to Ocean Park.
Business since COVID brings in just shy of a 1/2 million profit sworking only 4 days per week.Showings are to be on Friday, Saturday or Sunday from 10-5pm only and scheduled through Listing Broker.
Seller is asking $925,000.00

ATTACHED DOCUMENTS
Jill P&L.pdf.pdf Download
Jill - Form 17 Sellers Disclosure.pdf.pdf Download
Jill - Tools & Equip List.pdf.pdf Download
DETAILED INFORMATION
Location
Ocean Park, WA
Inventory
Included in asking price
Real Estate
Owned
Included in asking price
Building SF
1,200
Employees
4
Facilities
Upgraded front office, updated office, clean, clean Bays (daily), bathroom and a 2 bdrm ADU for added income. Large parking area to hold multiple cars. Shop is close to everything convenient, stores, shops, bank, and best of all, it is a very short walk to the beach, making the wait worth it if need be.
Competition
Market conditions, other than a couple years of COVID have been good. This is the only shop on the North end of the peninsula to service thousands of residents and tourists. Being a tourist town, many, many RV arrive every weekend and every weekend unfortunately, a few run into problems. Every house has a an auto and every auto needs help one day.
Growth & Expansion
Currently operating only 4 days a week by Owners choice, has the capacity to fill the bays at least 6 days per week. Employees have been faithful and hardworking. Small town, not alot of great jobs, they stay.
Financing
Conventional
Support & Training
Head mechanic has been in this position for many years and would like to continue. He is a Vet, loyal ,hardworking and very intelligent when it comes to auto repair. He definitely has the credentials to back up everything he does.
Reason for Selling
Moving out of state....going home.
Home-Based
This business is Home-Based
BUSINESS LOCATION
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Christi Carner
Phone Number
Christi Carner
Call Phone