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- RE: Shift Gears To Profit: Discover Your Luxury Auto Repair Shop
- Contact: Brent Wenner
Quick Facts
Asking Price: | $600,000 | |
Annual Revenue: | $445,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $154,000 | |
Total Debt: | Not Disclosed | |
FF&E: | $200,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 1995 | |
Employees: | 2 | |
BBN Listing #: | SB-55993 | |
Broker Reference #: | HAWAII001-55993 |
Business Overview:
Key Features:Specialization in Luxury Brands: With a laser focus on Mercedes, BMW, and Porsche vehicles, this auto repair business has honed its skills to perfection, attracting a loyal clientele seeking unmatched expertise.Current Owner will remain in a Lead Mechanic role.To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Property Features and Assets:
This legacy business with instant name recognition boasts a comprehensive array of facilities and fixed assets. Their reputation is a brand known island wide, adding a second location across the island would be an instant success.- An amazing central location, with a panoramic ocean view, a cooling breeze and nearby restaurants and shopping to keep customers entertained.- Currently it features four strategically placed auto lifts that facilitate efficient vehicle servicing.- Additionally, the business includes multiple computerized manufacturer specific diagnostic systems, allowing dealer level programing and diagnostic precision.- The in-house brake lathe, a large cabinet style automatic parts washer and much more general service equipment than we can list mean never saying we can’t do that.- An enviable inventory of vehicle specific specialized tools and equipment which is beyond anything found at typical shops serves to ensure and expand the versatility of the repair repertoire.Market Competition and Expansion:
The market competition includes two Pan-European shops that spread themselves thin, trying to take on easy jobs and not focusing on the best brands. This leads to thin profit margins and poor reputations, driving customers away. In contrast, a specialized shop only accepts cars from three makers and handles all types of repairs. This creates a unique chance for a new operator to grow the business by accepting more calls, as it can service vehicles currently turned away.Reason for Selling:
It's a classic case of burnout. He wants to focus solely on the service and repair work he enjoys, perhaps greeting old customers as they drop off their cars, but he aims to escape the responsibilities of sitting at the desk, answering phones, managing the books, handling cash, and counting money.Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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