Foreign Auto Repair-Sales Way Up!!!

Business Description

Import Auto Repair and Service-Sales Are Way Up!!!

The seller made $267,000 in 2020. They are on pace to do over a million in sales for 2021 and have had a net income of about $98,000 for the first 3 months of the year. This is a very profitable import car service business with a great reputation for honesty, integrity, fairness and high quality repair work. Sales are on track to increase almost 50% this month and momentum is growing! They are doing great during Covid! The seller is very motivated! Other shops in the area have closed and this shop has been inundated with business. The shop has been pre-qualified for SBA financing for a qualified buyer. The shop specializes in repair and service of European, British and high end Asian vehicles such as BMW, Porsche, Mercedes, Land Rover, Volvo, Lexus, Infiniti and Mini Coope r.

This repair and service business is very well equipped with 5 lifts and state of the art diagnostic equipment such as Bear Allen, Sun, Verus, Modis and others. The analyzers are updated regularly to perform precise, accurate results. There is a front office area with a clean, comfortable waiting area. The shop is well staffed with certified technicians and an office manager. It is 100% turn-key including plenty of hand tools and back up service equipment.

The property is also available; ask for details!

An ideal candidate to take over this successful repair shop would be someone with a passion for customer satisfaction, who wants to perform work on high end vehicles, and a desire to call a top quality car repair business their very own. If you are qualified we can probably help you obtain financing through one our network of business lenders for as little as 15%-20% down. Whether you are a mechanic that would like to promote to service writing or you just love to work on cars or a service writer working for someone else or just a person looking for a well established, healthy and solid business, this could be the perfect opportunity for you! Please contact us for the details.

Disclaimer: The information provided here is compiled from information by the Seller(s). The broker or agent makes no representation as to its accuracy or reliability. Buyer(s) should rely upon their own verification & that of their financial &/or legal advisors with regard to this information.

Asking Price: $435,000

Cash Flow: N/A

Gross Revenue: $703,405

EDITDA: $267,000

FF&E: $200,000

Inventory: N/A


Location: USA