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Automotive Repair, Body Shop, And Towing
Location: United States -> Connecticut -> Western Connecticut
Industry: Auto Related > Auto Repair




Business Summary

Located in Connecticut, this auto shop has four main revenue streams: repair, towing, auto sales, and body repair. Body shop work accounts for sixty percent of annual revenues, with mechanical repairs earning thirty percent, and towing and car sales the remaining ten. The shop features eight bays with plenty of room to meet current customer needs as well as room to grow without modifications to the current space. Social media reviews are excellent and show a dedicated and satisfied customer base as well as the development of a continued trust since 1996. The owner currently oversees financial management. Oversight of daily operations is done in partnership with the two shop managers. Seven technicians and one driver round out this well-trained team.

The building is 4,500 square feet with a large paved lot in the front and the rear of the shop. The back lot is secured with fencing, an alarm system, and other security features. There are eight vehicle bays for repair work as well as a waiting area, restrooms, and a private office for the owner. Also included is a 600 square foot paint booth located just outside the main building.

Business has been growing year-over-year but continued additional revenues could be found in any of the of four service areas. Both the body shop and mechanical repair division have room for additional capacity, while the auto sales can increase as desired. The greatest potential for increased income is to focus on building towing business.


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $1,785,384
Cash Flow:   $234,028
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Yes

About The Business

Year Established:  1996
Number of Employees:  10 - 19
Relocatable:  Not Disclosed
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  90 days or longer as negotiated
Reason For Selling:  Focus on other non-competing business

Photos

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Automotive Repair, Body Shop, And Towing Photo 1




Print Listing Id: 700342048
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Related Searches: Auto Dealers  >  Auto Parts Retail and Distribution  >  Auto Rental  >  Auto Repair  >  Car Wash  >  Gas Station  >  Other Auto Related  > 

Also See: Franchise Opportunities > Franchise Resales > Connecticut Businesses For Sale > Connecticut Franchises For Sale > Connecticut Business Brokers



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