Business Summary:
Now is the time to Own Your Own Business and be a part of this countries ever growing Truck and Automotive Service industry. This licensed long established 14 bay truck and auto center is a recognized Eastern New England Brand. Offering specialty truck and auto care including Front End, Brakes, Suspension, PM Maintenance and more. Including owner this established business currently employs 9 full time and 2 part time. It provides steady cash flow with our current long time workforce, tools & equipment and inventory in place. Located in Boston, the business is close to all major arteries with easy access for its customers. Sales expanded to $1,500,000. in 2013 with excellent upside potential for the right team. Owner is nearing retirement age and prefers to pass the torch to the next generation. An attractive lease helps makes this investment the one to choose.A qualified buyer can own this business with 20% down and a SBA Loan.
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| Year
Business was Established: 1963 |
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| Number of Employees:
9FT/2PT |
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| Facilities / Terms of Lease:
The business is fully equipped and handles a range of customers from the General Public to Fleets and Municipalities. Fourteen Bays on a 22,000 square foot location allows flexibility in the work area. The business has lifts, hoists, alignment racks and pits. Storage space on the main floor, basement and mezzanine enhance the retail parts department. We offer a pleasant customer greeting and waiting area. Ample parking is adjacent on both sides of the facility. This turnkey business is ready for you. |
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| Potential
Growth/Expansion:
Growing and expanding the business can be done through our existing loyal customer base and/or adding business clients from the surrounding area. Slight diversification of our successful business model can produce increased sales and profit. It’s all here for the right energetic owner to make it what they dream of. |
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| Competition:
We have developed a niche business that has eliminated local competition in some of our areas of expertise. The business’s Parts Department is considered a vendor for other companies servicing their customers in our related fields of work. Stable municipal vendor agreements keeps this business consistently a profit producer. The business benefits from buying on a direct basis with certain suppliers as well as being able to buy locally at the best price. This drives the business’s profits and owners rate of return. |
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| Owner
willing to finance:
Possible partial seller financing available to a qualified candidate. |
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| Owner
willing to train:
Eight weeks of training is provided by the owners as well as key managers can remain for a period to be determined as needed. Phone support for 12 months. Truck and auto repair experience is required to run and make this business successful. |
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| Reason for selling:
Semi-Retirement of Owners |
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Seller Reference Number: bm1622507935
BusinessMart.com Listing Number: 163776 |
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