Auto Repair & Body Shop Low Downpayment For Sale

Business description

Downpayment of 10% can get you this business! Seller is extremely motivated, Health Problems force immediate sale!

The Company has been independently owned and operated for ten years by the current owner. It is a full service auto repair shop in a concentrated metropolitan area. The business has developed a strong reputation and loyal customer base.

With a talented staff and service capabilities that few independent service stations have, it is even recommended to potential customers by their competitors. The Company is one of the leading independent repair shops within its marketplace in terms of expertise across almost all makes and models of cars.

The owner desires to enter retirement and is offering the business for sale at the asking price of $629,000, plus inventory.

This business will continue to grow, as consumers continue to use their vehicles longer. Industry estimates put the average age of vehicles in use at nearly 10 years old! In addition, many traditional service stations (gas stations with mechanics) have closed. These two trends are important factors in why specialty car repair shops will be in high demand for years to come. The auto aftermarket is a mature industry, and while nothing is “recession-proof”, this industry is not dependent on a robust economy. On the contrary, when money is tight people will delay the purchase of newer vehicles, and thus rely on maintaining their current auto.

Property information

Real Estate:

Lease

Location:

8,000 sq. ft. building

Other information

Support & training:

Seller will provide training

Reasons for selling:

Health Concerns

Trading hours:

Monday-Friday

Financing available:

Seller will provide financing, with 10% down

Furniture / Fixtures value:

$200,000

Inventory / Stock value:

$10,000

Contact the seller