Auto Repair With Real Estate (Olympic Peninsula)

Business Overview:

This community favorite auto repair business has served Clallum and Jefferson Counties on the Olympic Peninsula since before the turn of the century. The business focuses on vehicle service & maintenance rather than repairs using only the highest quality parts available to ensure customer satisfaction and long-term loyalty. Their most common services include scheduled maintenance, oil & lube, brake service, powertrain service, and breakdown repairs. Business sales are allocated between European (70%), Asian (20%), and domestic (10%), with service constituting 55% of their business and parts accounting for the other 45%. The company is distinguished from most other competition on the Peninsula by their use of current electronic & mechanical tooling, offering thorough routine inspections with every appointment, and through their commitment to maintaining an ecologically friendly shop.

The shop is located on a high-profile corner location, just one block from U.S. Route 101. The 13,600-square feet real estate parcel supports the business shop that is 2,080-square feet with the space allocated 80% to the garage and 20% to the office. The shop has three service-bays with above-ground lifts, air compressors, hardline/hose reels and an exhaust extraction system. The real estate parcel also supports a detached 840-sf. house that is currently used as a rental property, this could also be owner-occupied as well. The house has separate drive-lane access and a yard next to the shop. The current market rent rate on the two bedroom/1 ½ bath house is approximately $1,300-per/month. The real estate, shop, and house are all included in this sale.

The Seller oversees all aspects of operations as an owner-operator. The business also has two journeyman mechanics who are paid $37.00 per/hour and $38.00 per/hourr respectively, along with an office/service manager who is paid $27.00 per/hour.

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Additional Details:

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