Price Reduced, 1.3X Cash Flow, 20+ Year Full-Service Auto Care Center

Reno, Nevada

Ad ID: 1465728
Type: Established business
Category: Services – Auto Repair, Parts & Svcs

Financials
Asking: $60,000
Included in the Asking Price:
Furniture, Fixtures & Equipment: $36,000
Inventory: $1,500

Gross: $186,294
Cash Flow: $46,843

Summary Description
This long-standing auto-services center specializes in electrical repairs and has a decades-strong reputation for excellence in Reno/Sparks. They are superbly located near a high-traffic corridor in an area surrounded by commercial, residential and retail industry. Accounts are diverse, including regular servicing of several local fleets. Additionally, they have established relationships with many quality brand retailers in the area. As Reno continues its unprecedented population growth, the company’s spacious 5-bay facility has the capacity to expand. With a loyal customer base, excellent word-of-mouth reputation, and great reviews on Yelp, they’ve never had to advertise. Customers prefer their reasonable prices and honest mechanics to those of any of the local franchises and dealerships. An owner-operator could boost the already-strong repeat customer base by offering incentives to residents and businesses in the area as well as expanding Internet and social media exposure. The shop has updated equipment, offers a comfortable working environment, and is absolutely turn-key. This is a one-of-a-kind opportunity for a motivated buyer to acquire a long-established, highly reputable auto care center, where Equipment & Inventory alone are worth nearly half the asking price.

General Information
Year Established: 1997
Employees: 2
Facilities: The business operates out of a spacious, 5-bay facility. Location is ideal as they are surrounded by many commercial, residential, and retail entities which find servicing their vehicles at this location extremely convenient.

Market Outlook
Competition: A 20+ year reputation for fair prices and honest mechanics. There are several car-care centers around, but none with the reputation of quality, honesty, and fair prices that this business is known for. This business has access to a local supply of wholesale tires as well as established relationships with quality brand retailers.

Growth and Expansion: This business has never advertised and could quickly be grown through more Internet and social media exposure. Visiting area businesses to solicit service and repair of vehicles would grow the business. The influx residents to Reno/Sparks also means more residential vehicle maintenance and service opportunities. The large facility and multiple bays provide plenty of room for expansion.

About the Sale
Financing: $45,000 down. All cash or terms acceptable to seller
Support/Training: 2 weeks
Reason Selling: Health











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