Automotive Service & Tire Specialty – Covid Resistant Income!
ASKING PRICE: $ 995,000
LOCATION: Steamboat Springs, Colorado
GROSS REVENUE: $ 2,600,000
CASH FLOW: $ 339,000
INVENTORY: $ 80,000
YEAR ESTABLISHED: 1998
FFE: $ 280,000 (Included in price: Yes)
A one-stop for auto care location with services and facilities which are not matched anywhere in the local market. The ability to fill up on gas, get a car wash, get your oil changed and your tires rotated all within 45-60 minutes is a key differentiator that attracts customers and improves customer retention.
High sales volume and reliable profitability with a steady long-term crew including management in place. Over the last two years the Company has invested in technology that helps to better communicate and educate the customer about the health and safety of their vehicle and brought renewed focus to COGS which has increased ticket averages and margins.
2020 results through September 30 show sales increase over 2019. Key costs are down.
Business category was deemed “essential” during the Covid shutdown and the business did not close.
Long term lease in place.
Please Note: Potential buyers will be asked to complete buyer registration, sign a non-disclosure, interview with broker and provide evidence of the means to complete a transaction of this size before additional confidential information will be provided.
There are no other facilities within several hours drive with comparable capabilities.
Seller will provide effective training and knowledge transfer to the Buyer in all matters relating to Company management. Department managers in place are responsible for day to day operations.