Location: New York, United States
Industry: Auto Repair Businesses
Yearly cash flow: $36,000
Fixed asset value: $245,000(Included in Asking Price)
Inventory value: $69,000(Included in Asking Price)
Financing for buyers: No
Year Established: 2008
Home based: No
Re locatable: No
Startup business: No
Loan desired: No
Investment desired: No
The company's goal is to provide affordable repair options to get their customers' vehicles safely back on the road. Their brand reputation is a low cost provider that performs Dealer quality services, at an affordable price point. This turn-key operation offers complete ABS brake service, cooling system service, engine diagnostics, exhaust systems, NY State Inspections, tune-ups, tires and wheel alignments. The Center guarantees total customer satisfaction with superior workmanship, a professional staff and quality parts. Referrals continue to be a significant source of new customers.
Business location: The business occupies 4,500 square feet of space in a commercial campus along a heavy traffic area of Albany County. Developed and zoned for automotive use, the facility contains six lifts, a wheel alignment machine, compressed air system, electrical upgrades, oil service, an exhaust pipe bender, a NY State Inspection station and numerous other parts and machinery required of a full service auto repair center. Shop inventory consists of brake pads and rotors, oil filters, air filters, Cherry Bomb Exhaust and bendable exhaust pipe.
Business competition: There are other independent and franchised auto repair facilities in the general vicinity. This auto center has developed an enviable reputation for providing quick and excellent service at a fair price point. Almost all cars are repaired the same day. Equipment is relatively new and of high quality. Within walking distance to colleges, State offices, retail plazas and one of the regions' largest residential areas, the location provides an almost endless source of new customers.
Business opportunities: The key to success appears to be the ability to offer great customer deals by combining different services and jobs on a single ticket. A new owner should explore the possibility of providing additional synergistic auto services to make the center a true "one stop" auto service. The company also keeps a customer service history database that should be used to send reminders for oil changes and inspections.
Support and training: The current owner will be available for on-site training for a negotiated term to train the buyer in all aspects of the business operation and will be available for phone consultation thereafter. The buyer will also receive training and support from the franchisor at their corporate offices.
Reason to sell: Changing family circumstances, health considerations and a long commute to work.
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