Multi Location Michigan Lakeshore Tire & Automotive Repair For Sale

Business description

Originally founded in the early 1970s, this established West Michigan-based Company specializes in a full spectrum of automotive maintenance and repair services including transmission and engine work, tune-ups, suspension services, brake service, alignment services, exhaust work and extensive tire maintenance and replacement services for owners of foreign and domestic cars, trucks and recreational vehicles.

The Company employs an experienced, motivated team including ASE Certified Parts Specialists, ASE Certified Master Technicians as well as other qualified support staff. ASE Certified staff are also State of Michigan Certified.

The Company provides the acquirer with an excellent opportunity to own a solidly profitable cash business with strong brand recognition and a superior reputation for quality service and parts.

Property information

Real Estate:

Real Property Included

Location:

Two Locations near West Michigan Lakeshore.

Premises details:

Loyal Customer Base: Due to the quality and timely delivery of its services, the Company has experienced a significant number of repeat customers. Ownership reports that the customer base has relied on the Company for decades. Additionally, the Company has a broad customer mix that contributes to the stability of its customer base and helps to even out financial performance on a yearly basis.

Other information

Expansion potential:

Optimistic Industry Outlook: Industry operators note that demand for auto mechanic services has increased due to technological advancements of automobiles, making home repairs increasingly more difficult. The Company employs multiple ASE Certified veterans and has adopted the necessary technology to efficiently diagnose and repair modern vehicles. Because of increased inability of individual owners to repair cars at home and the expected increase in employee productivity, the profitability of auto repair businesses is expected to increase in the five years to 2015.

Support & training:

Owner will assistance in a reasonable transition period.

Reasons for selling:

Seller is retiring.

Financing available:

The owner is willing to discuss the possibility of limited owner financing to qualified buyers.