Primary Category:Auto Repair & Service Shops for Sale
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.
Financial Information
$600,000
Asking Price
$154,000
Cash Flow
$445,000
Gross Revenue
N/A
Down Payment
Yes
Financing
Business Location
City:
Confidential
State:Hawaii
Reason for Sale
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.
Detailed information
Year Established:1995
Home Based:No
Franchise:No
Relocatable:No
Lender Prequalified:No
SBA Prequalified:No
Full-Time Employees: 2
Part-Time Employees:N/A
Contractors:N/A
Owner Worked Hours/w:N/A
Adjusted EBITDA:
N/A
Inventory Included: Yes
Inventory Value:
$20,000
Monthly Rent:
N/A
Real Estate Available: Yes
Real Estate Included: No
Real Estate Value:
N/A
FF&E Included?: Yes
FF&E Value: $200,000
Training/Support
The training period will ensure a seamless transition for the new owner. The current owner wishes to remain involved, returning as a technician focused on repairs while assisting with hiring and training new staff on a limited basis. This hands-on approach guarantees loyal customers continuity in service quality and a smooth introduction to the new owner. Additionally, the current owner will retain the necessary licenses until the new owner obtains certification or hires qualified staff.
Facilities
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 Outlook/Competition
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.
Save