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 #
