Automotive Business For Sale in Covington Kentucky

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20 Year Northern Ky Auto Repair Company

Location:Covington, Kentucky

Category:Automotive

Asking Price:$340,000

  • Sales revenue : $673,000
  • Net profit : $139,000
  • Furniture/Fixtures value : $10,000
  • Inventory/Stock value : Undisclosed
  • 20 Year Northern Ky Auto Repair Company

Business description

~~This is a well – established and well known independent auto specialty service business with 5 year management and highly trained and experienced technicians in place. This business operates out of a 5,000 square foot clean and well – maintained leased facility with 7 lifts and 7 garage doors. Potential growth can be achieved by expanding service offerings to brakes, tune – ups, quick lube, etc. This business is offered as an asset purchase free and clear of debt. Other highlights include:

SBA loan qualified
No nights or holidays
Clean books & records
Includes all equipment
Room to install another lift
Recession resistant business
Quotation software included
Commercial accounts included
Opportunity to expand service offerings

Other Information

  • Competition: There is certainly competition in the auto repair industry, but their 20+ year history of success attracts a lot of “word of mouth” referrals.
  • Expansion: This is currently a “specialty” repair center. Expanding services to include other auto repair services will certainly mean more sales and profits.
  • Years Established: 1996
  • Employees: 4
  • Trading Hours: Monday thru Saturday
  • Support Training: The seller will stay on as long as necessary to ensure the comfort level of the buyer.
  • Reason For Selling: Retirement
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