22 Jul UNDER CONTRACT Profitable Auto Repair Business with Real Property
Price: $1,950,000
Location: Las Cruces & Southern New Mexico, United States
Industry: Automotive, Auto Repair
This absentee-owned business is one of the largest full-service auto repair centers in Southern New Mexico and is being sold with real property, so you can take advantage of attractive amortization terms and quickly build equity. A rare, true turnkey opportunity, investment highlights include:
- Serving Southern New Mexico for over three decades
- Top-notch GM oversees all operational and HR aspects
- ASE-certified master techs who have a combined 28 years with the business
- Reputation for courteous, professional service and fair pricing
- Reliable, expert service and repairs on all makes and models, domestic or foreign, gas, electric or diesel powered
- No job too small or too complex that this shop can’t handle
- Approximately 6,500 sq.ft. of work space
- Eight fully-equipped bays with 14 lifts
- Loyal customer base, excellent online reviews, strong SEO
- Stable revenue and cash flow
- Strong upside for an energetic, success-driven new owner
Listing Details
Revenue: $1,330,300
Cash Flow: $333,268
FFE: $299,699
Inventory: $2,000 (Included in Price)
Real Estate: (Included in Price)
Reason For Sale:
Seller will retire.
Training & Support:
Seller and GM will work with new owner to provide a smooth transition.
Operation
Year Established: 1983
Days & Hours of Operation: Mon - Fri, 7:30 am - 5 pm
Employees: 8 FT
Managers: 1
Absentee Owner?: Yes
Location
Type of Location: standalone commercial
Square Footage: 7,070
Relocatable?: No
Facilities Information:
Centrally located, 7,070 sq.ft. facility with ample secure parking and good visibility in a commercially dense area.
Summary
Competition:
This is one of the oldest and largest full-service auto repair shops in the region. It has customer relationships that go back generations. Few of its competitors can match its customer referrals, excellent SEO, or high-visibility location.
Potential Growth:
People are holding onto their cars longer, translating into demand for more frequent and complex, high-dollar maintenance and repairs. Strategic investments in contact automation, online scheduling, and other automations and will help grow this business.
