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Auto Repair Service with Prestigious Track Record! (17729)
Situated in the gorgeous Southern Puget Sound of Washington State, the business specializes in auto repairs and maintenance services, from front-end work, parts replacements, to brake and oil changes and transmission servicing, among other upkeeps. Benefited by a great lifestyle area near lakes and mountains, the new ownership will certainly enjoy their downtime away from the business as well. The ASE certification and a great fleet contract underway offers reliability and flexibilities to speed up growth. Thanks to a new alignment machine, lifts, and A/C features installed, the expansion room can take business to the next level with further fleet work, and tire sales to maximize consumer intake. Property is a prime, shop-based facility of 5,000 square feet that features around 4,600-sq.ft. of space for maintenance, with two overhead doors, five lifts, and an extra 400-sq.ft. of office room and client waiting areas. Open to be sold or leased separate from Asking Price, Real Estate also includes an outdoor workshop for extended projects and 2 car ports; the entire building is found in excellent condition and zoned to handle more capacity. Experienced personnel of six nonunion employees are most likely to remain post-sale and continue streamlined operations after a smooth transition period, with aiding as needed throughout. Besides maintaining a stable website presence, significant opportunities exist through engagements with social media as marketing efforts rely on backing the verbal referrals from a high population density radius. As a trusted name in the county with gross projections climbing up to $1 Million in the coming years, Revenues for 2021 reached $914,090 alongside Discretionary Earnings of $270,973 and total EBITDA’s of $230,169, based on an independent evaluation! The strong command in the industry, reputation of top online ratings, and long-time relations with suppliers set it apart from competitions as their quality-focused service motivates clients to repeat business. If you’re interested in owning an automotive business, or multiple, this is definitely one worth taking interest in, contact IAG today!
Listed By: Ann Parsley
Background information
Seller Number:
17729
Year established:
2001
Reason selling:
Approaching retirement and/or pursuing other interests.
Finance
Sales:
$914,090
Profits:
$270,973
Profit type:
Discretionary Earnings
Operations
Employees:
6 nonunion.
Equipment:
$200,000
Inventory:
$10,000
Premises
Facility:
Leased. Open for purchase.
Square footage:
5,000+/-
Opportunities
Market:
Referral Sources.
Price and terms
Price:
$750,000
Financing:
Negotiable up to 20% for the right buyer.
Owner Transition:
Smooth acclimation period, with aiding as needed.