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Automotive Repair and Restoration

Reno, NV, USA
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Businesses For Sale | Auto Repair & Service Shops For Sale

Listing ID : 426789

Posted on January 11, 2024 View Count 5

Price :
$450,000
Business Financials & Assets :
Gross Revenue:
$174,674
Cash Flow:
$82,861
Year Established:
1995
Inventory Included:
Yes
Estimated Value of Inventory:
$100,000
Furniture, Fixtures & Equipment (FF&E) Included:
Yes
Estimated Value of FF&E:
$25,000
Property Details :
Business Details :
Number of Employees:
1
Real Estate:
Leased
Rent:
$1,600
Building Size:
4,500 Sq. Ft.
Facility & Tenant Improvements:
Leased, $1,600 per month, Renewed Annually, 4,500 Sq Ft.
Competition:
The owner has positioned this business so that it can grow as much as the owner will allow with proper staffing. There is no one in the region that performs work like this shop.
Growth and Expansion Opportunities:
The opportunity to expand the revenue and profits of this business could be done with additional staffing. The location, reputation and need are all in place.
Terms :
NDA Required:
Yes
Financing:
The seller is willing to do seller financing with strong down payment.
Support & Training Offered:
The seller is willing to stay on as an employee to train the seller and share tricks of the trade.
Reason for Selling:
Retirement
Equipment Specifications :
Company Overview :
Franchise Overview :
Description :

This centrally located and well-known auto repair and restoration shop is a go to place. The well experienced and diverse owner is willing stay on for training and consulting to continue the great reputation and service. This shop features room for 15 vehicles inside with 3 lifts and additional space for parts and inventory.There is additional parking for cars outside of the indoor bays. The owner is currently the only mechanic. With additional staffing and oversight from the seller this could be so much more. They have over 2500 customers. They also sell parts online. The rent is below market value.
Locally, the Reno, Sparks, and Carson City area has a small town feel with a big city attitude. The city offers excellent shopping and dining options, robust nightlife offerings, high-performance schools, including a Tier 1 University with over 25,000 students—and is just a half hour from beautiful Lake Tahoe.

From a Business perspective, Northern Nevada is highly regarded as a pro-business, low-tax environment that appeals to a wide range of business and industry. With no personal, corporate, franchise, estate, inheritance, or inventory tax, it’s no wonder that Nevada ranks #7 Most Business-Friendly Tax Climate.

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The Liberty Group of Nevada
License:BUSB.0007094.B

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