Well Established Profitable Specialized Auto Repair Partially Absentee

Price: $336,500

Location: Santa Cruz County, CA

Industry: Automotive Repair and Maintenance

Listing ID: C4299

Listing Status: New

Description

This growing and profitable business is currently mostly absentee (Owner lives remotely and works approximately. 10 hours per week) and has been partially absentee since the owner acquired the business five years ago.
The reason for the sale is family relocation.
The owner has instituted best practices to grow the business as well as the profitability and continues to do so.
In addition to performing regular service and repairs, the shop has specially trained and experienced techs / mechanics.
Customer loyalty to the business is high based on results in the context of a performance-focused and friendly feeling culture.
This would be an excellent strategic acquisition to enhance current capabilities for an existing shop.
This would also be an excellent opportunity for an experienced mechanic or service writer to enhance and grow the business further by being full time “boots on the shop floor”.
The shop has a premier location. .
Additional growth can also be achieved by opening on Saturdays for greater customer convenience.
This listing is highly confidential. Please contact Broker for the NDA.

LISTING DETAILS

Total Sales: $1,583,774

Cash Flow: $162,947

Inventory: $60,000

Inventory Included: No

Operation

Year Established: 1989

Employees: 7

Summary

Facilities Information:

Extensive, specialized and up to date equipment is included. Excellent and convenient location 3,709 Sq. Ft Indoor Shop and Office, 7,500 Sq. Ft Gated Yard

Reason For Sale:

Family Relocation

Training & Support:

4 Weeks, 20 Hours/ wk. included. More as agreed

Competition:

Excellent and affluent community for general repairs Specialized expertise draws from a wider geographic location due to excellent reputation and limited competition for specialized repairs

Potential Growth:

The owner lives remotely and only works approx. 10 hours per week. A fully time, on-site owner who can do service writing and/or tech-wrenching would likely improve the bottom line. Business is not open on Saturday, so being open on Saturday, even if only a half day could increase throughput. Expand into more bays, leverage brand to open satellite shops

Financing/Terms:

Seller financing may be available to a suitably qualified buyer

LISTING BROKER

Rex Walters, PHD

Rex Walters, PHD