All Inclusive Auto Repair and Machine Shop! (17652)
AutomotiveFor Sale in AZ
Financial & Assets Details
About the Business
Business Description
Off a central location in Northwest Arizona, big name machine shop focuses on automobile services to European vehicles, as well as routine maintenance to its returning customer base. Since inception in 1981, the business has benefited from positive client reviews for providing quality auto repair, engine rebuilds, part replacements and oil changes to its surrounding communities. Included within the asking price, company headquarters ($600k) is a prime 13,000 square foot operating facility with 800-sq.ft. of office and waiting space, found in excellent condition and zoned for commercial use. A work-ready team of eight nonunion employees with field experience agrees to remain after a standard transition period of six months, in which industry buyer can increase company potential by adding new hires. As location is able to handle extra capacity, another growth opportunity is to expand marketing efforts that currently rely on word-of-mouth referral sources and on keeping a website for self-promotion. With consistent gross sales over the years and projecting to outpace previous records, Total Revenues for 2019 reached amounts of $779,506, alongside Seller Discretionary Earnings of $174,785.
Seller Financing
Financing can be negotiable for the appropriate buyer.
Support & Training
Standard transition of 6 months.
Reason for Selling:
Approaching retirement and/or pursuing other interests.