Foreign Auto Repair Shop - West Michigan |
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Business Summary:
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Established and highly successful foreign auto repair shop with well-maintained equipment. This is a full-service facility with ASE-certified technicians, using the latest generation computerized diagnostic equipment as well as a precision scale, computerized wheel alignment and specialty paint booth.
30 years of committed service is reflected in the track record of consistent growth. From a routine oil change to a rebuild or restoration, this business takes pride in their sterling reputation for creating satisfied clients. Launched in 1984, they have remained committed to providing quality service at a reasonable price. Specializing in routine and preventative maintenance, diagnosis, repair, performance enhancement, pre-race inspection and preparation for European marquees, including Porsche, BMW, Mercedes-Benz, Audi, Volkswagen, Volvo, Mini, SAAB as well as other domestic and Asian high performance automobiles. In addition, as a result of earning a reputation for quality automotive restoration, the shop has been proudly admitted into the prestigious Hagerty Referral Network. Partnering with its clients to determine the individual requirements for their automobiles, to establish how to use their car, under what conditions, and compile a maintenance and service strategy based on not only the manufacturer’s recommendations, but the client’s own personal performance expectations. |
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Listing ID:
Location: Type of Business: Asking Price: Gross Income: Cash Flow: Inventory: FF&E: Year Established: # of Employees: |
ABA175236-90
West Michigan Automotive Repair $350,000 $756,968 $204,895 Included 1984 4 plus owner |
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Facilities / Lease Terms:
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The facility is an ample sized shop with several lifts and well maintained equipment.
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Real Estate:
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The business owner currently owns the buildings and is open to leasing or selling the property.
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Growth Opportunity:
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The seller can assist the buyer with insight and ideas of past successes and current opportunities. There are immediate prospects for growth in the local area and a buyer with the drive and focus on expanding sales will be rewarded. Growth can be easily achieved by implementing a marketing plan including updating the web site, and using the company’s customer database of satisfied customers to market towards.
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Competition:
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There are a limited number of auto repair shops that specialize in foreign autos. This minimizes the competition to just a few shops.
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Financing:
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Support & Training:
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The seller will provide personalized training to help the purchaser take over, thus providing a smooth transition while learning the business and operating activities, meeting customers and employees. The seller is available to work in the business during the transition and beyond, providing unique certifications and qualifications to partner with the right buyer.
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Reason for Selling:
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The seller wants to prepare to retire and is looking for a qualified buyer that will take pride in maintaining the integrity and reputation that has been established. The seller is willing to remain part of the business over a longer term.
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Broker Contact:
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Larry Baumgart – Advanced Business Advisors, LLC
Office: 269-383-2940 Fax: 248-564-5259 E-mail: Larry.Baumgart@AdvancedBusinessAdvisorsLLC.com |
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*The broker has made no investigation of the above information, prospective buyers must accept all due diligence responsibility.
Above information is subject to change and/or correction and should not be considered binding.
