Location! Auto Repair and Used Car Lot!
For Sale in Renton, WA
Financial & Assets Details
About the Business
This iconic auto service business has evolved and grown over the past 6 years. Starting out as a custom wheel and tire outfitter, the need for full service arose and this is still one of the only complete, full service shops in the area. The biggest bonus is the used car lot, which can support an inventory of about 30 cars. Great location!
New equipment, 5 bays, over 20 cars on the lot, and a new showroom as of 5 years ago help limit the short term expenses for the operation.
Growth & Expansion
This business currently does not spend much on advertising, which is low hanging fruit for a new owner, creates the ability to expand their customer base with specialized campaigns and promotions. Hiring sales people for the car lot, and bringing on more service workers will pave the path for increased capacity, paired with increased marketing is a formula for growth.
Seller financing available for qualified buyers, terms to be negotiated based on buyer experience and financials.
There are very few automotive service business opportunities on the market, and even fewer with a full service auto shop plus car lot. The location is prime as there are multiple large lots in the area and much overflow traffic. Busy street, with the big players advertising to bring the masses, and you get to benefit due to this businesses proximity, and service capability.
“Profit trend is up as people keep vehicles longer. Location and facilities are very important. Auto repair has been primarily a recession-proof industry so the trend is favorable. Replication takes space, technicians and specialized equipment.” – 2017 BRG
Support & Training
4 Weeks included
Reason for Selling:
Focus on Family