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Business for Sale Summary

Auto Mechanic Shop for sale in PA - 34811

Business Type: auto body/collision repair,auto/truck mechanical repair,misc. service/non-classifiable,repair services,seller financing available,auto repair
Owner Financing
Auto Mechanic Shop for sale in PA
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This business has received 28 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $300,000 Down Payment $195,000
Gross Revenues $237,462 Lease Remaining Register Free to View
Owner’s Cash Flow $104,000 Number of FT Employees Register Free to View

Financing

$195,000 Down and Terms Negotiable

Business Description

Busy mechanic shop near the highway and in an affluent area with many people newly moving in from surrounding states, generating more customers. Auto repair business has multiple 5 star reviews and a high end customer base of nearly 400 with 90% having between 2-6 vehicles. Owner is willing to stick around to help train and integrate with the Warranty company they work with. Business is movable and the new owner would be able to completely negotiate a new lease with the Landlord and have the option to rent more space that is double the current leased space. New space would be able to at least fit 4-5 lifts. Has 5 parking spaces and room to work on internationals. The shop has brand new smoke, tire, and scanner machines. Balancer was completely rebuilt and lifts were newly serviced with one getting a new hydraulic pump and the other brand new arms. Owner has 3 brand new tool boxes with the tools inside on lifetime warranty that are not included in the sale but the Owner is willing to include them if bought for their full value. The Owner has contracts with 2 landscape companies to work on their trucks and equipment and also has a contract with a rental car company. There is low competition due to other repair shops being bought out by big landscaping or dealership companies and other mechanics retiring. A new owner would be able to take advantage of the companies in the area that the current Owner is unable to, to work on their fleets, including a post office that has 250 vehicles. A new owner could also offer services that aren't currently done like pick-up and roadside services. The Owner is selling due to family matters and is willing to negotiate the asking price. Business is only increasing in value, act fast and get in touch with the listing broker Tyler Wright-Wylie at 267-428-4649.

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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.