Automotive Repair Center In East Central Indiana

Business Overview:

This full-service automotive repair shop has over 20 years experience and an excellent reputation established in its current high traffic location. This location is one of the highest trafficked intersections in the area, in a high growth community.

The shop has 4 2-post lifts, 1 scissor lift with alignment rack, 1 4-post lift and can fit 3 additional working bays.

The shop has experienced growth almost every year that they have been in business. Their reputation stands for itself, and they stand behind their work.

The current owner believes the opportunity to grow is only restricted to how hard one wants to work. It is an excellent opportunity for an owner operator looking for an ongoing business with an excellent reputation, cash flow in place from day 1, and opportunities for immediate and continued growth. It would also be a beneficial strategic acquisition for an automotive repair business interested in the local client list, reputation and operations in place for strategic growth.

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Property Features and Assets:

The shop is run out of a 5,200 sq. ft. building on a busy corner. The current business owner owns the real estate and will lease the facility for $60,000/year on a triple net lease.

The value of the Furniture, Fixtures & Equipment included in the sale is $405,000. A new owner will be able to allocate a significant portion of the purchase price to hard assets.

Market Competition and Expansion:

Investment Considerations:

• High traffic intersection, boasting one of the highest local traffic counts.
• Strong historical financial performance showing growth in revenue and profitability year over year. During the COVID-19, as an “essential” business they experienced growth and had more work than they could handle.
• This area has experienced an annual population growth rate of 0.59% since 2020, with new communities being built along this thoroughfare.
• The current owner has not had time to implement an aggressive digital strategy. A new owner could increase revenue by utilizing several marketing channels for digital media, social media, tracking, and lead generation.
• The purchase includes approximately $405,000 of FF&E. A new owner operator could allocate a large portion of the purchase price to hard assets.
• Employees have long-term tenure, enjoy their jobs, and are loyal.
• Current owner is semi-absentee and is only there part-time. He does not do repairs unless a tech is sick. A new owner operator could add to revenue immediately by providing services.

Reason for Selling:

Additional Details:

Documents:

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