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Albuquerque Best In Class Automotive Repair Shop with Real Property
Real property is included in the asking price, presenting attractive financing options and allowing the buyer to build equity!
This Albuquerque full-service, fully-equipped import auto repair shop has experienced exponential growth. Sales have averaged a 16% year-over-year increase with Seller’s Discretionary Earnings increasing by18%. It handily outperforms other New Mexico automotive repair businesses in its class. The business has earned 341 online reviews averaging 4.8 stars, an impeccable reputation, and an A+ rating from the Better Business Bureau. Albuquerque residents have recognized it as the metropolitan area’s best auto repair shop, resulting in multiple awards and recognition over the years.
A July 2023 independent certified business appraisal valued the business at $2,220,000. It has also been pre-approved by a reputable SBA lender that has a strong presence in the Albuquerque market and that is also offering favorable sub-prime rates. They claim that this is the one of the best run automotive repair businesses they've seen!
To learn more, please complete our electronic NDA and Confidential Buyer Profile at:
https://bit.ly/ABQ_Auto (Please copy and paste the URL into your browser.)
The next owner will walk into a business with well-organized systems, a training program that quickly brings new hires up to speed, and a range of sophisticated tools.
The skilled team is led by a service manager with 20 years’ industry experience. Working a relaxed work week, the current owner focuses on financial management, strategic growth, and other executive tasks.
Financial Information
- $3,000,000 Asking Price
- $680,104 Cash Flow
- $1,875,396 Gross Revenue
- $302,000 Down Payment
Business Location
- City: Albuquerque
- State: New Mexico
Reason for Sale
- After fine-tuning and perfecting this business, Seller is ready to pursue other, non-competing interests.
Detailed information
- Year Established: 2012
- Home Based: No
- Franchise: No
- Relocatable: No
- Lender Prequalified: Yes
- SBA Prequalified: Yes
- Full-Time Employees: 8
- Part-Time Employees: 1
- Contractors: 2
- Owner Worked Hours/w: 20
- Inventory Included: Yes
- Inventory Value: $2,000
- Monthly Rent: $9,000
- Real Estate Available: Yes
- Real Estate Included: Yes
- Real Estate Value: $850,000
- Building Size: 4620
- FF&E Included?: Yes
- FF&E Value: $263,000
Training/Support
- Seller will provide up to four weeks of training at no cost to the buyer.
Market Outlook/Competition
- Repeatedly voted Albuquerque's best automotive repair shop, this business has a demonstrated track record of forging enduring client relationships, achieving top rankings on the search engines, and competing with and often outperforming the dealerships.
Real State Description
- Centrally located, updated 4,620-square-foot, 6-bay venue on a secure corner, 0.24-acre lot with a nearby secure lot for overflow or long-term parking.
Business Listed by
Michael Greene
Sunbelt of AlbuquerqueALBUQNM001-53759
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