Active
Auto Shop: Prime Location and High Profit Margins! (17977)
Boasting profit margins of 50%, this automotive repair shop provides car maintenance, suspension, alignment, exhaust and brake services.
- As target sales pass the $530K mark, total Revenues reached $500,099 last year alongside Discretionary Earnings of $251,447 and EBITDA of $160,000.
- Significant growth opportunity with increased commercial accounts as 15% of sales come from fleet accounts.
- Highly visible location in West-Central Indiana, the 9500 SF facility is available for purchase separately.
- Estimated value of $350,000, subject to appraisal, the property features 9 bays with 6 lifts and 3 overhead doors, blacktop parking, a new roof, and easy access to the main area on a state road.
- With the key employee likely to stay, the sellers are flexible to stay on to acclimate new management.
- Basic website and moderate forms of marketing from radio, digital and print media maximize customer outreach and referral sources.
- Seller will consider self-financing!
Listed By: David Michaelson
You might also be interested in the following listings
| Picture | Status | Title | Price | Revenue | Profits |
|---|---|---|---|---|---|
 |
Active | Tires, Lift Kits, & Auto Repair with YOY Growth! (38022) | $600,000 | $1,262,399 | $206,000 |
Background information
Seller Number:
17977
Year established:
1985
Reason selling:
Approaching retirement and/or pursuing other interests.
Finance
Sales:
$500,099
Profits:
$251,477
Profit type:
Discretionary Earnings
Operations
Employees:
3 nonunion.
Equipment:
$80,000
Inventory:
$4,000
Premises
Facility:
Property marketed for $350,000 is available for separate purchase.
Square footage:
9,500+/-
Opportunities
Market:
Website, Radio, Digital & Print Media.
Price and terms
Price:
$725,000
Financing:
Standard SBA-term financing will be negotiable for qualified buyers.
Owner Transition:
As key staff likely is to stay, sellers are flexible to stay on to acclimate to new management.