||Employees||3 full, 2 part
* Included in Asking Price
This automotive repair business was incorporated in 1993 and has been serving the surrounding community ever since. An award-winning shop that provides its customers with the very latest in automotive diagnostics and repair, this automotive repair shop has expert mechanics at are ASE Certified and ensure each job is completed in a timely and professional manner, and has built a reputation for repairing difficult problem cars.
With their high level of technical training and the latest in factory level diagnostic equipment they can repair both domestic and import model vehicles. A full-service auto repair and maintenance facility specializing in high tech repairs. They are also a recognized State of Illinois emission repair facility. They can perform computer re-programming on all Domestic and many Asian built vehicles. They are also an ASA affiliated shop and have earned the ASE Blue Seal of Excellence recognition. The staff can perform all factory recommended maintenance schedules.
This automotive repair shop backs a standard 12-month, 12,000-mile warranty on most of their automotive repairs and use only quality parts. Customers call in or use their form online to request an appointment.
Asking Price for the business is $750,000, and the asking price for the Real Estate is $750,000, for a total asking price of $1,500,000
|Facilities:||2,600sf Building on a 15,220sf Corner Lot on Signalized Intersection with 23,100 VPD. 3 Service Bays and an Office/Retail Area. 3rd bay added in 2008. Land to Building Ratio: 5.85, Onsite Parking for 28 cars. Full wet sprinkler system, HVAC in Retail/Office, Furnace heat in Service Areas, with A/C available. No tanks or equipment underground. Recorded IL EPA NFR Letter in place. RE Taxes (2019): $20,519|
|Competition:||Mature industry with variety of competition. Consistent growth and strong cash flow, and despite the slow down during the pandemic, business is still strong.|
|Growth Potential:||In spite of the pandemic, automotive repair is resilient to economic impacts. Right now, people are more likely to hold onto their cars longer and require maintenance for older vehicles.|
|Training/Support:||Seller wants to ensure a smooth transition to a new operator.|
|Seller Financing:||Will consider financing for a qualified buyer|
Seller Reference #nwauto
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