Auto Repair Center – Huge $937,500 Cash Flow!
Price: $2,840,000
Location: Middlesex County
Listing ID: 05191701
Are you looking for an amazing opportunity to purchase an independent auto repair center with sales of $3,269,892 in 2024, and average sales of $3,207,000 over the past four years? In 2024 this highly profitable Business generated a massive $937,500 in Cash Flow for an active owner/operator, affording a lucrative salary after debt service. Cash Flow has increased a whopping 73% over the past six years.
The Business is located in the MetroWest area of suburban Boston and is well established with over 60 years of goodwill, excellent reputation for customer service and a loyal clientele. A sizable fleet and wholesale operation has contributed significantly to the growth and financial stability of the enterprise.
This AAA certified facility comes complete with the state-of-the-art equipment required to run a domestic and import auto repair business, including brakes, transmissions, oil change, engine performance, steering and suspension, starting and charging, and heating and cooling. The 7,500 square foot building has eight service bays and lifts, with room for parts storage, a customer reception area, private 2nd floor offices and plenty of outside parking. Experienced, long term team of Service Manager and Technicians are trained to work independently and will support an entrepreneurial new owner who wishes to further grow the business. The Business has hundreds of 5-star Internet reviews and an A+ rating with BBB. The Seller will provide training and support during the transition period.
The owner wishes to retire after successfully growing the family business. With a great reputation for quality, convenience and trusted service, this Business offers a Buyer a unique opportunity to control your own destiny and realize your dreams of owning a highly respected business in the community.
The Asking Price for this lucrative Business is $2,840,000, plus $50,000 in inventory. The Business is pre-qualified for 90% Bank/SBA financing for 10 years, with an initial interest rate of 8.5%.
Listing Details
Total Sales: $3,270,000
Cash Flow: $937,500
Inventory: $50,000
Lender Pre-Qualified?: Yes
Reason For Sale:
Long term Owner wishes to retire.
Training & Support:
Seller will provide a minimum of 3 weeks of training at 30 hours/week and additional telephone support to ensure a smooth transition. With Seller training and an experienced crew, no prior automotive background is required.
Operation
Year Established: 1965
Employees: 5
Location
Square Footage: 7500
Facilities Information:
Attractive and well organized 7,500 square foot building with 8 service bays and lifts, parts storage areas, customer reception area, private offices, and large parking lot. Fully equipped for a wide range of domestic and import automotive repairs, preventive maintenance, and diagnosis. A financially qualified Buyer can assume the long- term lease at an attractive rent, with a possible option to purchase the real estate.
Summary
Historical Summary:
Are you looking for an amazing opportunity to purchase an independent auto repair center with sales of $3,269,892 in 2024, and average sales of $3,207,000 over the past four years? In 2024 this highly profitable Business generated a massive $937,500 in Cash Flow for an active owner/operator, affording a lucrative salary after debt service. Cash Flow has increased a whopping 73% over the past six years.
The Business is located in the MetroWest area of suburban Boston and is well established with over 60 years of goodwill, excellent reputation for customer service and a loyal clientele. A sizable fleet and wholesale operation has contributed significantly to the growth and financial stability of the enterprise.
This AAA certified facility comes complete with the state-of-the-art equipment required to run a domestic and import auto repair business, including brakes, transmissions, oil change, engine performance, steering and suspension, starting and charging, and heating and cooling. The 7,500 square foot building has eight service bays and lifts, with room for parts storage, a customer reception area, private 2nd floor offices and plenty of outside parking. Experienced, long term team of Service Manager and Technicians are trained to work independently and will support an entrepreneurial new owner who wishes to further grow the business. The Business has hundreds of 5-star Internet reviews and an A+ rating with BBB. The Seller will provide training and support during the transition period.
The Asking Price for this lucrative Business is $2,840,000, plus $50,000 in inventory. The Business is pre-qualified for 90% Bank/SBA financing for 10 years, with an initial interest rate of 8.5%.
The owner wishes to retire after successfully growing the family business. With a great reputation for quality, convenience and trusted service, this Business offers a Buyer a unique opportunity to control your own destiny and realize your dreams of owning a highly respected business in the community.
Competition:
Honest, personalized service has enabled the business to gain new customers while retaining its long term loyal clientele.
Potential Growth:
Local owner/operator could grow the business by further expanded services and the fleet and wholesale operation.
Financing/Terms:
Qualifies for Bank/SBA financing.