Listing Number: 67201-199683
Description
** SBA PREQUALIFIED **
Seize the opportunity to own a highly reputable and profitable automotive repair center. This 3-bay automotive repair shop is strategically located on a high-traffic road with over 24,000 daily drivers, ensuring exceptional visibility and accessibility. The business enjoys a loyal customer base and a steady stream of new and returning clients, making it a cornerstone of the local automotive service industry.
Why Invest in This Automotive Repair Center?
1.) Proven Track Record: With over two decades of operation, this repair center has built a solid reputation for quality service and reliability. Its long-standing presence speaks volumes about the trust and satisfaction of its customers.
2.) Strategic Location: Situated on a major road with heavy daily traffic, the shop benefits from constant exposure and ease of access, attracting a diverse clientele from the surrounding areas.
3.) Growing Market Demand: Current economic trends indicate a rising number of used car owners, with the average car ownership duration extending to 8 years. This translates to a growing and sustained demand for automotive maintenance and repair services.
4.) Turnkey Operation: The shop is fully equipped with three service bays and all necessary tools and equipment, allowing for a seamless transition for a new owner. The established customer base and experienced staff ensure ongoing operations without disruption.
5.) Potential for Expansion: For a mechanic looking to establish their own practice or an existing business aiming to expand, this repair center offers ample opportunities for growth. The high-traffic location and strong community ties provide a solid foundation for increasing service offerings or extending operating hours.
6.) Financially Sound: The business has a history of strong financial performance, with consistent revenue and profitability. Detailed financial records are available for review, showcasing the robust health of the enterprise.
Listing Details
- Price: $ 236,500
- Down Payment: $236,500
- Sellers Discretionary Earnings: $ 93,903
- Total Sales: $ 478,106
- Location: Cuyahoga County, Ohio
- Inventory: $ 50,000
- FF&E: $ 15,000
- Employees:
- Reason for Selling: Retirement
- Category: Automotive
