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Business for Sale Summary

Auto Repair Service - 22469

Business Type: auto repair,auto/truck mechanical repair,repair services
Auto Repair Service
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This business has received 59 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $150,000 Down Payment $150,000
Gross Revenues $550,000 Lease Remaining Register Free to View
Owner’s Cash Flow $160,729 Number of FT Employees Register Free to View

Financing

$150,000 Down and TBD

Business Description

ATTENTION I WANT GUARANTEES? REPAIR SHOP BUYERS BUYERS THAT WANT TO MAKE SURE THEY DONT WASTE THEIR MONEY BUYING A BOGUS AUTO AND TRUCK REPAIR BUSINESS LOOK NO FURTHER. This company is not only located in one of the nicest places in the country to live in peace and comfort, but also a lifestyle business to support the buyers family with a standard of living second to none. If the charts are checked, one will find that more and more people are moving to this location. It is beautiful. This repair shop is surrounded by malls, schools, universities, water parks, museums, the ocean, country clubs, upscale neighborhoods, and the list goes on. Now for the beauty of this company presently for sale is: Cost of Goods sold is ONLY 35%, the Net Income to Gross Revenue is 45%, and the purchasing multiple IS ONLY 0.9 WHEN IT SHOULD BE 3?ARE YOU SERIOUS!!!! So that means it will take less than 1 year to earn the money back which was invested to purchase this rock solid company which also has endless positive reviews by their customers. The physical location could not be better than it is for this auto and truck repair shop because it is located right on a major state route leading into town and another state route crossing the other direction. The visibility is phenomenal which only adds to the national exposure it already gets for belonging to a leading franchise for auto and truck repair. The buyer will always have the 24/7 support to assist in marketing, training, budgeting, vendor reliability, and a National Recognition. The seller has enjoyed this business for the last 27 years and it is time to retire. It is a very tough decision for the seller to sell a part of their life that has been so good to them, but they have decided to take the next step. It is important to the sellers that the buyer is genuinely concerned for the employees and customers that have been with this company for, in some case, a few decades. Customer and employee statements about the sellers and the service that they offer would fill several filing cabinets. Just a quick summary of services and repairs offered are: A/C and Heat, Battery, Alternator, Belts, Hoses, Filters, Catalytic Converter, Engine Diagnostics, Cooling System, Electrical System, Fluid Maintenance, Fuel System, Headlights, Oil Changes, Shocks, Struts, Starter, Steering, Suspension, Tire Rotation, Tune Ups, Water Pumps, Timing Belts, Wheel Balancing, and Schedule Maintenance. Now that the word is out to the business buying world, pick up the phone and call right now. It will only take a few minutes of your day to change the rest of your life for the better. Ask for Rick Murray, listing agent that always says Any reasonable offer is better than no offer at all. But in this case, the price was originally set to sell fast so the sellers would not have to second guess selling it in the first place.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.