Two Auto Repair Shops and Differential Remanufacturer
El Paso County, CO
| Asking Price: | $900,000 |
| Gross Revenue: | $3,400,000 |
| Rent: | $7,019/Month |
| Established Year: | 1986 |
| Cash Flow: | $327,000 |
| Inventory: | $402,000 |
| FF&E: | $187,000 |
Listing ID: 2283539Listing provided by BizBuySell
BUSINESS DESCRIPTION
Offered for sale are two companies. There are two auto repair shops which are traditional full service automotive repair facilities. Both in business for 34 years with an outstanding reputation. Also included is a premier differential and transfer case remanufacturing facility, offering remanufactured differential and transfer cases for various makes and models of cars and trucks.
DETAILED INFORMATION
Location
El Paso County, CO
Inventory
Included in asking price
Real Estate
Leased
Building SF
7,400
Employees
9
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Auto Tech Plaza - Platte Avenue Location
The Platte facility, located at 2353 E Platte Ave, Colorado Springs, CO
80909, boasts a spacious 7400-square-foot facility, equipped with 12 bays
and an outdoor heavy rack. This location also includes a heavy-duty
alignment rack for RV’s and buses, facilitating efficient servicing of a
diverse range of vehicles. This shop is situated within an industrial area
making Auto Tech Plaza a convenient provider of fleet services for many
commercial customers in the area.
At present, there are 4 years left.
Competition
The competitive landscape of the auto repair market is characterized by a diverse mix of service providers, including independent repair shops, chain stores, dealership service centers, and specialized automotive service businesses. The neighborhoods that surround both auto repair facilities have several ‘one-man’ shops. Shops such as these come and go. These shops cater to customers looking for the cheapest repairs they can get. Current ownership doesn’t consider these shops as competitors.
Growth & Expansion
The current owners firmly believe that a new owner with fresh legs and energy could easily grow revenues by developing a sales and marking plan with an emphasis on growing its business within its existing customers.
Financing
Current ownership will consider owner financing up to 10% of the purchase price for t
Reason for Selling
Retirement and concentration on other investments
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