High Volume Auto Repair Shop in Macomb County

Listing Price: $724,999

Reduced

Asking Price: $724,999
Cash Flow: N/A
Gross Revenue: $1,227,787
FF&E: $62,000
Inventory: $10,000
Rent: $1,875
Established: 2017

Business Description

Car Repair & Maintenance Business

This auto shop is a turn-key business with a loyal customer base. The owner has over 40 years of experience in this industry and has been running this shop since 2017. The building is 2,500 square feet and is located on a busy road. This shop comes with a great equipment package, which includes a new Hunter HawkEye Elite Wheel Alignment System, 4 lifts, a new Tuxedo wheel balancer, and a newly acquired Robinaire A/C machine that services 2024 models, to name a few.

They have grossed over 1 million in sales for the past 6 years, with 2023 sales at $1,227,787.

Detailed Information

Location: Macomb County, MI

Inventory: Not included in asking price

Real Estate: N/A

Building SF: 2500

Lease Expiration: 2025-12-31

Employees: 4FTPT

Facilities: This 2,500-square-foot building has two 14-foot garage doors and four lifts. It's located on a busy road with plenty of parking.

Competition: There is competition in this area but this shop has a loyal customer base and they do a much larger volume of business.

Growth & Expansion: Labor rates have just been raised, which will help grow the business. Adding weekend hours and advertising on social media could also help increase sales.

Seller Financing Available: No

Financing: Cash or SBA

Support & Training: The seller is willing to train a new owner.

Reason for Selling: Retirement