Industry Overview
Automotive repair and servicing are essential services that have been proven to be recession-proof. Clients who are adamant about saving would be more inclined to have their vehicles repaired rather than purchase new automobiles.
Long- standing business that has all its systems and processes in place. It has an excellent reputation in the area and is well-known for providing excellent-quality services to its client base.
The business is consistently booked out for up to three weeks, attesting to the fact that it has no shortage of work.
Location
Located on a main thoroughfare, serving clients in a 30-mile radius.
The premises of the business is adequate to support its current operations and comprises total space of 7,250 sq. ft, including two private offices. It has six bay doors double-deep and 10 active bays with eight lifts in which to service vehicles. There is an upstairs storage area and breakroom.
Three bathrooms are spread across the facility with one being reserved for client use. There are parking spaces within the premises and a leased gravel parking lot beside the building.
Financial Summary
Opportunity to acquire the business for less than $1m.
GM - 54%
Adjusted Net Margin - 28%
Customer Overview
Opportunity to increase its revenue exponentially by adding more staff members. At its current capacity, the business turns away six to eight jobs a day due to the number of jobs in its daily pipeline.
To enquire, you will need to complete our Investor Verification Process and sign a Buyer Consent Form.