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Albuquerque Best In Class Automotive Repair Shop with Real Property

AutomotiveFor Sale in Albuquerque, NM

Listing ID: ABQAuto | Broker Listing ID: BLP531974

Financial & Assets Details

$1,875,396
$3,000,000
$263,000
$2,000
Yes
$850,000
4620+/-

About the Business

Yes
2012

Business Description

Real property valued at $850,000 is included in the asking price, presenting attractive financing options!

This Albuquerque full-service, fully-equipped import auto repair shop has experienced exponential growth. Sales have averaged a 16% year-over-year increase with Seller’s Discretionary Earnings increasing by 18%. It handily outperforms other New Mexico automotive repair businesses in its class. The business has earned 341 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 over the years.

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 that has a strong presence in the Albuquerque market and that is also offering favorable sub-prime terms. They claim that this is the one of the best run automotive repair businesses they've seen!

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.)

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 work week, the current owner focuses on financial management, strategic growth, and other executive tasks.

Growth & Expansion

To benefit new owners, the Seller recently implemented a program to identify and attract talent, from apprentice techs, to master techs, to service writers. This additional capacity will help fuel the business's growth and should enable it to surpass its historic growth rates. A new owner may also wish to explore investing in an Advanced Driver Assistance Systems (ADAS) to introduce an additional profit center.

Market Competition:

Repeatedly voted Albuquerque's best automotive repair shop, this business has a demonstrated track record of forging enduring client relationships, achieving top rankings on the search engines, and competing with and often outperforming the dealerships.

Location Details:

Centrally located, attractively updated 4,620-square-foot, 6-bay venue on a secure corner lot with a nearby secure lot for overflow or long term parking.

Support & Training

Seller will provide up to four weeks of training at no cost to the buyer.

Reason for Selling:

After perfecting this business, Seller will pursue other, non-competing interest,

Listing ID: ABQAuto

Contact Broker

Sam Goldenberg & Associates www.sunbeltnewmexico.com/ Listings: 6(505) 820-0163 View My Listings

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