Established And Profitable Auto Repair Center

Business Overview:

We are a state of the art automotive repair center and boast a 4.8 star Customer Satisfaction rating on multiple sites. This is our 30th year in business in the same location. Our revenue mix is 99% retail and 1% wholesale. The shop is located directly in the middle of a highly coveted historical downtown in a quaint city on the west coast of Florida. There are 4 employees: 2 full timeline technicians, a full time general manager/service advisor in the front office and the owner. The shop is equipped with a master server, and 4 separate computer stations, individual hand tablets for the technicians to interface within the system and an on-line digital inspection program that delivers reports and pictures to our clients in real time to their smart phones. Our business has grown nearly 50% over the last five years and has continuously generated positive cash flow. The success of our business can be attributed to placing a high emphasis on customer service, satisfaction and continuity.

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Property Features and Assets:

The property consists of an 1,852 square feet, one story, concrete block building that was constructed in 1949. The property has a reception area/waiting room, one office, and a two bay automobile service area with two overhead doors in the front and one overhead door in the rear and is on a .37 acre corner lot in a superior downtown location. The building was fully remodeled in 2007 at a cost exceeding $250,000. In addition, the building is ADA compliant, has 2 electric racks, multiple battery chargers, 5 scanners, engine stands, a 20 ton press, A/C machines, torches and transmission removal equipment.

Market Competition and Expansion:

There are multiple small repair shops and national chains in the market. Expansion at the current location is limited. However, the population of Charlotte County has increased over 300% since 1980 and 18% in the last 10 years. It is expected that the business will grow commensurately as demonstrated by historical growth.

Reason for Selling:

Retiring

Additional Details:

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