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Asking Price$995,000
Revenue$1,508,608 Established2008
Cash Flow$321,305 Employees6 full-time
FF&E$214,100* FranchiseNo
Inventory$8,500* RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
This reputable and successful auto repair business presents a prime, turnkey business opportunity. One of the most comprehensive auto repair centers in Albuquerque, it operates out of a 5,000 square foot facility with six bays, a strong street presence, and a prime location on the edge of one of Albuquerque's fastest-growing neighborhoods. The business has over 2,400 active clients, is affiliated with a nationally known brand, and has fleet contracts in place. The ASE-certified mechanics average three-plus years with the business, and the shop foreman has been there from the start. For the most part, the current owner does not work in the shop. Over 570 online reviews rate the business an average of 4.8-stars. From preventative maintenance to complete engine and transmission rebuilds, there is no problem the shop can't handle. Dealerships and other shops refer customers to this business when they encounter a situation they cannot diagnose or fix. The business has a loyal customer base, an active referral network, and a broad service area.
Competition:This is a well-known and reputable local brand. Reputation, the ability to work on all makes and models, and a loyal customer base differentiate it from other shops in the area. A good portion of customers drive from Belen and Santa Fe because they don’t trust their vehicles to any other mechanic.
Growth Potential:Despite 2020’s stay-at-home orders, travel limitations, increased unemployment, and barely any advertising, the business grew its gross revenue by 14% and Cash Flow by 10%. This is a business with very consistent gross revenue and cash flow. Additional ways to grow the business can be discussed upon receipt of an NDA.
Training/Support:Seller will work with new owner to provide a smooth transition and is offering to provide on-site training for up to four weeks. Details to be negotiated.
Ad #126801
Seller Reference #SANTAFE001-N217
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Michael Greene
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