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Reputable Automotive & Truck Repair shop

Ashland, VA
Asking Price:$4,000,000
Gross Revenue:$2,300,000
EBITDA:$846,000
Real Estate:$1,680,000
Cash Flow:$223,000
Inventory:$82,000
FF&E:$875,000
Established Year:2020
Listing ID: 2268407Listing provided by BizBuySell
BUSINESS DESCRIPTION

Well Established business with Loyal customers.

Business was established in April of 2020 and doubled in value with in the second year. There are site plans in place and approved to build another building three different ways on the 1.5-acre lot. There is currently a 3 bay, 6000 S.F. commercial building large enough for Semi trucks to be lifted in the air and have work performed. Shop is fully furnished with the proper tooling to work on any vehicle. There is a long list of dedicated customers from FedEx to the surrounding counties and utility fleets. The location of the business sells itself by gaining extra customers off of I95 interstate. The business is doing very well and operating with only 5 loyal employees. If owning an automotive/ truck shop is your dream here it is. We will work with your lender through the whole process, to make an easy transition and start putting a lot of money in your pocket.

ATTACHED DOCUMENTS
AP SITE PLAN 2ND 12-27-2022.pdf.pdf Download
DETAILED INFORMATION
Location
Ashland, VA
Inventory
Included in asking price
Real Estate
Owned
Included in asking price
Building SF
6,000
Employees
5
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
2 offices fully furnished with bathrooms, break room and bathroom in shop. Commercial shelving throughout, parts inventory with all Binnage. Alignment machine, 6 truck lifts, air compressors, welders, benches, grinders, specialty tool cabinets, large to small engine hoists, forklift, fully equipped service truck for mobile repairs. Salvage vehicles for body parts and mechanical. Engine tables, subframe hoist, transmission jacks, body lifts.
Competition
There is heavy flow traffic throughout the air park. Three truck dealers nearby that can't keep up with the demand which helps this business from referrals. The TA truck shop at the next exit that struggles to keep business, and 1 other independent truck shop that we work hand to hand with. The area is a respected place, and all the companies work with one another to keep customers happy.
Growth & Expansion
The demand is high for another large truck/ commercial body shop. The proposed site was for a paint booth and frame machine with a parts department. The potential of Tripling the profits. The issue is the current customers that need repairs to their fleets are limited to good shops in the area to take their trucks too.
Support & Training
The owner will stay and make the transition easy for the new owner. We will introduce you to all the customers and do anything that is asked to better the company. The employees are here for the business to keep developing and grow.
Reason for Selling
Life changes with personal matters and health.
Franchise
This business is an established franchise
BUSINESS LOCATION
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Jerry Howe
Phone Number
Jerry Howe
Call Phone