Auto Parts Store and 6-bay garage in Aroostook County, Maine

Price: $470,000

Location: Northern New England

Industry: Automotive and Boat

Listing ID: CM2624

This well-established business opened in 1943 and consists of a well-stocked auto parts shop (a nationally-known brand) and a 6-bay garage, providing all manner of car and truck repair along with state vehicle inspections. The business owns a nicely branded flat bed tow truck.

The garage is capable everything from simple oil and filter changes to major engine rebuilding. The equipment inventory ($109,000 in value) includes a crankshaft grinder, line hone, resurfacer, valve grinder, seat & guide machine, abrasive blast cabinet, flywheel grinder, rotary broach, parts washers, hydraulic hose parts, 20 and 50 ton presses, tire balancer, tire changer, mig welder, standard welder, transmission jack, 120 gallon air compressor and more.

The auto parts store carries an enormous variety of inventory from tires and batteries to tools, hardware, fluids, filters and almost anything you can imagine.

This turnkey business is ready for a new owner as the seller is ready for retirement.

Listing Details

Gross Revenue: $1,220,000

Cash Flow: $195,000

FFE: $109,000

Inventory: $748,000

Real Estate: $550,000

Terms and Conditions?:

Real estate might be available. Incidental to the sale of the business. Subject to commercial appraisal. Additional to the asking price

Reason For Sale:

Seller seeks retirement

Training & Support:

Seller will train

Operation

Year Established: 1943

Non-Owner Payroll: $4,400