Location: Orange County
Listing ID: 12022101
Are you looking for a great opportunity to purchase an independent import auto repair center with annual service sales that have averaged $1,332,000 over the past four years? This high-end, south Orange County import specialist exceeds new car dealer standards for customer service, facilities, and Internet reviews. Sales of $1,287,000 in 2021 generated $257,000 in Cash Flow, an increase of 47%, and affording an active owner/operator an attractive salary after debt service. The Business is fully staffed with an experienced Service Manager, Service Advisor and four highly-trained Technicians. Deemed an essential business, the auto center remained open during the COVID-19 Shelter in Place and sales are steadily rebounding from pent-up demand.
The Business is well established with forty years of goodwill, fantastic Internet reviews and loyal clientele. Located in an affluent area of south Orange County near a major shopping mall, the Business has built an excellent reputation for providing cost-effective personalized service as an alternative to the expensive car dealerships. The large, 5,400 square foot eight-bay shop comes complete with the state-of-the-art equipment required to run a high-end import auto repair business, including diagnostics, engine performance, brakes, oil change, steering and suspension, starting and charging, and heating and cooling. Experienced, highly trained Service Advisors and Technicians will support an entrepreneurial new owner who wishes to further grow the business. The Seller will provide training and support during the transition period.
The Asking Price for this profitable Business is $550,000, plus $5,000 in inventory. The Business qualifies for 85% Bank/SBA financing, so a down payment of approximately $103,500 will be required from a qualified Buyer. A long-term lease at market rent is available.
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 respected business in a prosperous south Orange County community.
Total Sales: $1,287,000
Cash Flow: $257,000
Lender Pre-Qualified?: Yes
Reason For Sale:
Retiring after 40 years in the Business.
Training & Support:
Seller will provide a minimum of 2 weeks of training at 20 hours/week and additional telephone support to ensure a smooth transition. With Seller training and an experienced crew, no prior automotive background is required.
Year Established: 1982
Square Footage: 5,400
Immaculate and well-organized 5,400 square foot facility with eight bays and six lifts. Fully equipped with the latest technology for a wide range of auto repairs, diagnostics, and preventive maintenance services for multiple brands of import luxury vehicles.
Honest, personalized service and consistent five star Internet reviews have enabled the Business to gain new customers while retaining its long-term loyal clientele.
Local owner/operator could grow the business by leveraging social media, expanding hours, and adding vehicle lines.
Qualifies for 85% Bank/SBA financing.