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Listed by:

Beacon

Broker license number: 648785000

Auto Repair And Performance Shop For Sale

Coconino County, Arizona, US
Asking Price:
$500,000 (USD)
Sales Revenue:
$575,000 (USD)
Cash Flow:
$170,000 (USD)

Estimated Down Payment: $50,000

The shop was founded in 2011 by the current owners with the goal of bringing honesty and integrity to automotive repair. The owners understood the reputation that auto repair shops have, so when they first opened the shop, they wanted to create a safe place where customers were not only provided excellent service, but educated on their vehicles so they could make informed decisions in the future. With this strategy, the owners were able to quickly grow the shop, which has become the top auto repair shop in the city, in terms of size and reputation.

The shop moved to its current location 5 years ago, after outgrowing its previous location. The current 4,000 square foot facility accommodates 6 bays and 9 vehicle spaces in the garage itself. The facility is located on a major US highway and near a public university in a high traffic area of the city.

Having a prominent location is a great tool for attracting new customers, but ultimately it is the business' reputation and customer service that keeps the shop growing year over year. By earning the trust of customers, the business has been able to save on expensive marketing costs by relying on word of mouth advertising to drive growth.

In addition to providing repair and maintenance services, the shop has established itself as the shop of choice for car enthusiasts looking to upgrade their vehicle’s performance. The shop's performance enhancement services include installing air filters, suspension lifts, shocks, and off-road tires. The shop also hosts meet ups for off-road enthusiasts, which has enabled the business to connect with the local enthusiast community and gain notoriety as the go-to place for off-road modifications.

The shop has now grown into a well oiled machine itself. It grossed an average of over $665,000 in annual revenue over the last four years, with solid cash flow to the owner. It has a strong customer base and a personalized approach to customer service with a team of 4 employees in addition to the current owners. The shop was able to withstand the pandemic far better than its competitors due to high customer loyalty and retention rates.

Their shop is the ideal turn-key business for someone looking to run a successful small business or expand locations within the area.

The Broker of Record for this transaction is Jon Nesbitt, AZ License #

Property Information

Real Estate:

Lease

Location:

The facilities are located in the downtown area of the Central Arizona city along a major US highway that connects to countless other cities in the American Southwest. The shop is down the road from extension housing for the students at the local university and the university's main offices and class sites. Multiple restaurants and churches are on the same street as the shop, leading to a high volume of foot and vehicle traffic.

Premises Details:

The facility includes 4,000 square feet of shop space along with 6 lifts and 9 vehicle spaces in the garage.

Size in square feet:
4,000

Business Operation

Expansion Potential:

There are a number of opportunities to grow the business. First, the new buyer could utilize new marketing channels like paid search and CRM marketing. Second, there is an opportunity to continue to expand the partnerships that the shop has in the off-road performance space. This has proven to be an effective way to increase the customer base and deliver high-margin services. Third, the new owner could expand the service offerings to include ATVs and motorcycles, which are especially common in the region. Lastly, the shop is currently only open Monday-Friday. The new owner could attract more business by remaining opened on Saturdays.

Competition / Market:

There are many other auto repair businesses in town but the shop's biggest competitors are other independently owned auto shops. The shop separates itself from its competitors through its deep customer loyalty and commitment to the off-road enthusiast community.

Reasons for selling:

After a long career in the automotive industry, the owners are ready to take on new ventures in life.

Trading hours:

The business is open Monday - Friday from 8:00am to 5:00pm

Employees:
4 Full-time
Years established:
2011

Other Information

Support & training:

The owners are willing to stay on for 1-3 months to train the new owner.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

The owner is willing to finance a portion of the transaction.

Website:
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