Business For Sale Listing 110924
Automotive Repair Shop
Status as of Sep-6-2008 at 06:07 PM: Active
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Business Summary
This automotive repair center in eastern panhandle of West Virginia has seen rapid growth as people move to the county from the Washington, D.C., and Baltimore areas. The owner's father started the business in 1962, and the current owner took over in 1990. With close to 45 years in the industry and three locations, this company has strong ties within in the community and enjoys unprecedented loyalty and customer satisfaction. About 90 percent of its customers are repeat customers, returning because of the business' good prices, hard-working employees, and quality work. It specializes in general auto service and repair, oil changes and tire sales. Its customers include businesses, private individuals, and government contracts.
The business is located in the eastern panhandle of West Virginia and is 45 miles from two international airports. It is in a historical town, near major highways and intersections. The business serves a total population of 50,000. The growing economy is based on small business and government.
The operation takes place in three facilities with a total of 15 bays. The gated and secured sites have office space and waiting areas for customers. They are easily accessible and have plenty of parking. Two of the buildings are owned and the remaining one is leased. The owned buildings are included in the sale price. The leased space is assumable with the sale.
The owner is willing to stay on for up to six months following the business sale
Categories
Industry
Location
Financials
| Sales: |
Between $1 Million And $2.5 Million ($1,489,033) |
| Profits: |
Between $100 Thousand and $500 Thousand ($250,000) |
| Profit Type: |
Seller's Discretionary Cash Flow (SDCF) |
| Asking Price: |
Between $2.5 Million and $5 Million ($2,750,000) |
