LISTING DETAILS
Listing Status: Sold
Asking Price: $265,000
Total Sales: $883,065
Cash Flow: $184,722
Real Estate Asking Price: N/A
FFE: $20,000
Inventory: $8,000
Year Established: 1998
Employees: 5
Description
Business Summary:
Excellent opportunity to own a locally owned and operated business that has been serving the western Montgomery County market for the past 25 years. The shop is a full-service auto repair facility and also does collision repair, painting, and restoration work. The business employs a team of technicians and is well-known for reliability, competency, fair prices, and friendly service.
Over the years, the owners have prided themselves on being a true one stop shop for their customers by having a full-service garage that can perform virtually any service or diagnostic test. This commitment to service has allowed the business to cultivate a strong and loyal customer base. The clientele appreciates that the owners and employees are courteous and take the time to explain repairs in a clear and professional manner. The business does work with insurance companies to complete repair work for customers, but is not a DRP (direct repair facility) or under contract with any entity to perform insurance claim repairs.
The business has excellent historical financial performance along with reliable and consistent cash flow. The automotive repair and maintenance market has seen healthy growth over the past decade and this trend is forecasted to continue. There is no immediate competition in the area and western Montgomery County has seen a trajectory of high growth in recent years and this looks to continue into the future. The owners have decided to retire after a long and successful tenure of ownership. They want to ensure the business continues to thrive and that their customers are in good hands. Please don’t hesitate to contact us to learn more about this opportunity.
Seller Financing Available: No
Training & Support: Sellers will provide necessary training and support.
For more information on this listing, please complete our Non-Disclosure Agreement
