This established Howell, Michigan-based auto repair business for sale provides complete automotive and truck maintenance and repair services with state-of-the-art equipment and certified technicians. Since its founding, the Company has been an industry leader in diagnostic capabilities. Other services include brakes, suspension, cooling systems, tires, transmissions, electric and electronic systems. The business services all domestic and foreign makes and models.
Since 2013, the Seller has upgraded equipment and signage, hired new staff and grown the customer base. Sales in 2015 grew 14.7% over the previous year. The Company is now looking to attract a qualified buyer to acquire the business.
Low-Risk – Since 2013, the Company has grown despite being actively managed only approximately two days per week. With a new owner who is willing to manage and run this business, there is a great opportunity for growth. The strong guidance by an active owner who is willing to spend more time on-site, and in the community, could expand this business significantly through higher productivity. It should be noted that a new owner does not need to have
prior experience in automotive repair.
Skilled Employee Base – The Company employees three certified technicians, one technician in training and a store manager / service writer. It is not anticipated that the new owner would have to hire any additional staff.
Existing Customer Database – The Company boasts a customer database over 4,100 individual customer names along with extensive customer service history. It also services numerous fleet accounts with attractive terms.
Attractive Vendor Relationships – The Company is part of a growing network with access to preferred pricing/service from 25 automotive industry vendors including equipment providers, parts producers, advertising media and placement, technical data base, credit card processing, telephone systems, etc. This allows the owner to spend more time focused on the core of the business, rather than negotiating terms and prices with vendors.
Develop Community Relations – An increase in ownership involvement will allow opportunities to "Own Your Neighborhood". This involves becoming a great influence in the community where the business is located. This can be done through membership in the Chamber of Commerce and participation in community events. Marketing can include sponsorship of local sports teams or events, city newspaper advertisements, and beyond. The Company is a member of BNI, the world's largest networking, referrals, and word of mouth marketing organization, and this has proven to be a very effective means of acquiring new business.
Geo-Targeted Marketing – Auto-Lab ® Corporate recently unveiled apps for iOS and Android in 2016. This app allows store owners to geo- target specific areas for promotional offers. The implementation of this new technology will more effectively target customers and increase awareness marketing of special offers or deals. Additionally, the app allows customers to track vehicle maintenance records and contact stores.
Asking Price $130,000
Profit Less than $100,000
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