Independent Auto Repair and Tire Center – Real Estate Available
| Asking Price: | $575,000 |
| Gross Revenue: | $889,000 |
| Real Estate: | $440,000 |
| Cash Flow: | $260,000 |
| Inventory: | $25,000 |
| Established Year: | 1989 |
$260,000 Cash Flow and 4.9-star Internet reviews
Every once in a while, a truly rare opportunity becomes available for sale to a qualified Buyer who is seeking an auto service business with high sales and profits. This Wayne County independent import and domestic auto repair specialist exceeds new car dealer standards for customer service, facilities, and overall 4.9-star Internet reviews. Sales have averaged $814,300 over the past four years, rising 9% to $889,000 in 2024. The Business generated an projected Cash Flow of $260,000 in 2024, affording an active owner/operator an outstanding salary after debt service. The owner expects that a Buyer will take advantage of purchasing the real estate for $440,000, which will add $48,000 per year in Cash Flow by not having a rent payment.
The Business is staffed with a Service Advisor, Customer Service Manager, part-time Office Assistant and three experienced Technicians.
The Business is well established with over thirty-five years of goodwill, fantastic Internet reviews, and a loyal clientele. Located in a desirable community in the heart of Wayne County, the Business has built an excellent reputation for providing cost-effective, personalized service as an alternative to the expensive car dealerships and chain operations. The large, 5,800 square foot ten-bay shop comes complete with the state-of-the-art equipment required to run a high-end auto repair and tire center, including diagnostics, engine performance, brakes, tires, oil change, steering and suspension, starting and charging, hybrid service, and heating and cooling.
The trained staff will support an entrepreneurial new owner who wishes to further grow the business. The Business also benefits from being an authorized TechNet shop with a nationwide 2-year 24,000 mile warranty. The Seller will provide extensive training and support during the transition period to ensure the success of the Buyer.
The Asking Price for this profitable Business is $575,000, plus $25,000 in inventory. By purchasing the real estate for an additional $440,000 the Buyer will benefit from a $48,000 rent savings, which can be put towards the financing payments. The Business qualifies for 90% Bank/SBA financing, so a down payment of approximately $110,000 will be required from a qualified Buyer to purchase the turnkey package of business assets and property. Alternatively, a Buyer could purchase the business assets only with a $65,000 down payment and secure a long-term lease starting at $4,000/month rent.
With a great reputation for quality, convenience and trusted service, this Business offers a Buyer a unique opportunity to control your own destiny and realize your dreams of owning a respected business in a welcoming village community.
