Turn-key repair shop with towing and real estate

Hancock County, ME

Seller Financing Available

listing image
Asking Price:$800,000
Gross Revenue:$622,103
Real Estate:$750,000
Cash Flow:$75,656
FF&E:$81,200
Established Year:1996
BUSINESS DESCRIPTION

Welcome to this well-established auto repair shop offering emergency towing and roadside assistance, catering to AAA and Geico customers. They specializing in brakes, shock, struts, and alignment services along with muffler, exhaust system, radiator and tune-up repairs, with an esteemed reputation for excellence in service. Operating since 1996, this business expanded in 2005 to include a certified Napa Auto Care Center and repair shop, proudly serving as a certified inspection center for the State of Maine.

The three dedicated long term employees have been a staple to the businesses success with two full time mechanics and a front end manager.

This business is a rare opportunity for entrepreneurs seeking a reputable enterprise in the automotive industry. The established customer base and solid relationships with AAA and Geico ensure a steady flow of business. The fully equipped garage and seasoned staff guarantee a seamless transition for the new owner.

In a prime location, located on bustling Route 1, a key thoroughfare from Augusta through Orland towards Acadia National Park, and also accessible via Route 15 from Bangor Brewer to Blue Hill, this automotive facility boasts a strategic location that attracts both local customers and a steady stream of travelers.

The main garage measuring 40 x 60 with a 24 x 60 back addition with a separate office space for auto sales. Doors with heights of 12 and 14 feet and a potential section available for conversion into a paint booth. This well-insulated building has R32 in the walls and R50 in the ceilings. Two bathrooms for convenience, one for shop employees and one for clients.
Heating sources include a waste oil furnace in the garage and hot air furnace for office with a 200-amp electric entrance.

This facility offers an exceptional opportunity for automotive entrepreneurs seeking a space that combines functionality, convenience, and energy efficiency. The strategic location and well-equipped setup make it a desirable investment for those looking to establish or expand their automotive business operations.


DETAILED INFORMATION
Location
Hancock County, ME
Inventory
Not Included in asking price
Real Estate
Owned
Included in asking price
Building SF
4,240
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Prime Route 1 location! Building Features: - Spacious 3840 square-foot garage with four lifts - Two 10,000-pound weight load lifts - One 15,000-pound weight load lift - One 14,000-pound weight load drive-on alignment lift - 2 bathrooms, one for employees and one for clients - Waste oil furnace in the garage and hot air furnace in the office - Separate office for conducting auto sales
Competition
Situated on busy Route One, offering high visibility, the company boasts a strong market presence with a loyal local customer base with nearly 100 Google reviews with an impressive 4.6-star rating, highlighting it's customers satisfaction and trust. The successful buyer has an opportunity to leverage existing success and reputation to capture a larger share of the local market with increased marketing efforts.
Growth & Expansion
A turnkey Paint Booth on premises offers the potential to maximize the space for expanded service. The facility also has the ability to accommodate more mechanics to increase it's service capacity. The separate office entrance is ideal for used car sales with the locations excellent visibility.
Financing
Seller willing to hold paper with adequate down payment, opportunity also eligible fo
Support & Training
The seller is committed to ensuring a smooth transition by providing support and training to the buyers for an agreed upon period of time, allowing for access to the sellers expertise and industry knowledge to help the buyers achieve maximum success.
Reason for Selling
Seller Exiting
Report an Issue with this listing
profile-img
Jenn
Morin
logo-img
Jenn Morin