Automotive Electrical And Electronics Diagnostics And Vehicle Repairs For Sale

Business description

This fine automotive repair adn rebuilding business was established in 1931. The present owner has owned and operated the business for over 26 years and is now looking to retire. The business has an excellent reputation and has a A+ rating with the BBB. They offer a new owner a great location and excellent cash flow. Call today for more details!
This wonderfully stable business is an automotive diagnostic and repair facility which performs a wide variety of vehicle repairs. However, their main focus is on the electrical and electronic diagnosis and repairs of the vehicles. Much of the company's work comes from garages, dealers, and insurance companies that require sophisticated diagnostic capabilities, which those companies do not have. The building has 2 fully equipped work bays and lifts with room for an additional bay in the existing space. There is also a rebuild facility for rebuilding electrical components. The company offers the latest technology for diagnosing electrical and computer problems for all types and models of vehicles.
The products and services offered from this business are: Automotive Electrical & Electronic Diagnostics and Repairs, Air Conditioning Installation and Repairs, Alternators, Starters & Generators, High Amp Alternators (they can customize to the customer's needs), General Repairs - Brakes, Exhaust, Tune-ups, Radiators, Timing Belts & Chains, Belts & Hoses, Battery Replacement, Water Pumps, Fuel Pumps, Speedometer Repairs, NH State Inspection Station, Marine Alternators, Starters and Tilt & Trim Motors both rebuilt and new.
All equipment and inventory necessary for operation are included in the asking price. This includes but is not limited to multiple factory diagnostic tools with up to date software and 2 vehicles, a 2000 Tundra pickup truck and a 1999 Jeep Wrangler with plow.

Property information

Real Estate:

Lease

Premises details:

There is 1766 sq ft building with 1.5 floors and recent roof & infrastructure updates located on a 6500 sq ft lot. The propert consists of: a basement and attic used for storage, 2 bays with lifts and a rebuilding room which could be converted into a third bay in the shop, 2 offices and a customer waiting area. In Addition, the shop walls & ceiling are of fire retardant material. The business has an excellent location and relocating is not recommended. Owned w/ Option to buy or lease.

Other information

Expansion potential:

A new owner could create a mobile capability that would instantly increase the available customer base and geographical area since the diagnostic equipment is portable and compact. Currently they are addressing less than 20% of their customer segment and a new owner with even moderate ambition and marketing sense could see a goal of doubling revenue in 24 months as very doable. Also since this is the only company having their capabilities, there is substantial opportunity for growing the business regionally.

Competition / Market:

Very little competition, Business comes from word of mouth and referrals and does very little advertising through yellow pages and the internet. They pride themselves on a job well done! Need we say more?

Support & training:

3 members of the staff are most likely willing to stay after the sale; they are well trained, hard working and loyal employees. Owner will stay for a reasonable transition.

Reasons for selling:

Retirement

Trading hours:

Days: Monday - Friday
Hours: 8-5

Furniture / Fixtures value:

$57,000 (included in the asking price)