Auto Repair Shop in Aroostook County, Maine
Price: $270,000
Location: Aroostook County, Maine
Industry: Automotive and Boat
Listing ID: CM042723
This profitable automotive service enjoys a stellar reputation in the community and boasts a 4.7/5 rating on Google and 5/5 on Facebook. The business also sells a small number of used cars.
Their full staff of trained technicians perform the full range of maintenance items from general maintenance to engine rebuilds, AC repair, exhaust systems Fisher plow installations and more.
The seller will stay on to assist with the transition.
Please make note that the state of Maine recently passed the Right to Repair bill. This allows all independent repair shops to have access to diagnostic data for all vehicles.
Purchase Price: $270,000
Cash Flow: $143,150
Gross Revenue: $920,000 (includes car sales)
Inventory: $10,000 (included in sale price)
Real Estate: $250,000 (Might be available. Incidental to the sale of the business. Subject to commercial appraisal.)
Employees: 5 FT, 3 PT
Payroll: $24,254/month (including owners)
Founded: 1993
Reason for Sale: Retirement
Note: Financials are seller-provided and not audited by Inbar Group ,Inc.
Listing Details
Gross Revenue: $920,000
Cash Flow: $143,150
EBITDA: $130,381
Inventory: $10,000 (Included in Price)
Real Estate: $250,000
Terms and Conditions?:
Might be available. Incidental to the sale of the business. Seller estimates the value at $250,000. Subject to commercial appraisal.
Reason For Sale:
Owner is seeking retirement
Training & Support:
Seller will stay on to assist in transition
Operation
Year Established: 1993
Employees: 5 FT / 3 PT
Summary
Potential Growth:
The seller states that there is more business available than they can handle. With additional staff and possibly an expansion of the building, the seller is confident that they could grow sales substantially.
Expand used car sales.