16 Aug Albuquerque Best In Class Automotive Repair Shop
Price: $2,000,000
Location: Albuquerque & Central New Mexico, New Mexico
Industry: Automotive
Listing ID: 2140087
This Albuquerque full-service, fully-equipped import auto repair shop has experienced exponential growth. Compared to last year, 2024’s Sales are up, COGS are down, and net profit has increased 19%. The next owner will walk into a business with well-organized systems, a training program that quickly brings new hires up to speed, and a range of sophisticated tools. The skilled team is led by a service manager with 20 years’ industry experience. Working a relaxed 28-hour week, the current owner focuses on financial management, HR, strategic growth, and other executive tasks.
To learn more, please complete our electronic NDA and Confidential Buyer Profile at:
https://bit.ly/ABQ_Auto (Please copy and paste the URL into your browser.)
A July 2023 independent certified business appraisal valued the business at $2,220,000. It has also been pre-approved by a reputable SBA lender offering favorable terms. They claim that this is the one of the best run automotive repair businesses they’ve seen!
This shop handily outperforms other New Mexico automotive repair businesses in its class. It has earned 457 online reviews averaging 4.8 stars, an impeccable reputation, and an A+ rating from the Better Business Bureau. Albuquerque residents have recognized it as the metropolitan area’s best auto repair shop, resulting in multiple awards and recognition.
Listing Details
Revenue: $1,875,396
Cash Flow: $622,533
FFE: $263,000 (Included in Price)
Inventory: $2,000 (Included in Price)
Real Estate: (Not Included in Price)
Lender Pre-Qualified?: Yes
Reason For Sale:
After perfecting this business, Seller is ready to pursue other, non-competing interest.
Training & Support:
Seller will provide up to four weeks of training at no cost to the buyer.
Operation
Year Established: 2012
Year of Last Acquisition: 2012
Days & Hours of Operation: Mon - Fri, 8 am to 6 pm
Owner Hours Per Week: 22
Employees: 8 FT, 1 PT
Managers: 2
Location
Lease Option: Yes
Monthly Rent: 8000
Type of Location: Commercial
Square Footage: 4620
Relocatable?: No
Facilities Information:
Centrally located, attractively updated 4,620-square-foot, 6-bay venue on a secure corner lot with a neighboring secure lot for overflow or long term parking
Summary
Owner Qualifications:
An excellent opportunity for an executive who wants to bring their financial oversight, strategic vision, and leadership skills to the operation, replicating the current owner’s role. No mechanical or technical background is required.
Competition:
Two Albuquerque and one Santa Fe dealership are its primary competition. Repeatedly voted Albuquerque’s best automotive repair shop, this business has a demonstrated record of forging enduring client relationships, achieving top rankings on the search engines, and competing with and often outperforming the dealerships.
Potential Growth:
Adding a tech or two will increase capacity and help to accelerate the business’s historic organic growth. Investing in an Advanced Driver Assistance Systems (ADAS) would also introduce an additional profit center.
Financing/Terms:
This business and real property has been pre-approved for an SBA loan with favorable terms and rates. A buyer with relevant experience should qualify for 10% down.
Michael Greene
info@samgoldenberg.com
505-820-0163
Address:
126 E. De Vargas Street, Santa Fe NM 87501
