Dual-Location STL Auto Repair Shop

Situated in the Greater St. Louis Metro region of Missouri, the business offers specialized and general auto maintenance, front-end alignments, state vehicle inspections, Lube services, repairs for exhaust systems, plus brand name tire sales. Skilled in both domestic and foreign automobiles, the company caters to Residential (70%) and Commercial (30%) clients with ongoing positive ratings. Two clean and organized locations collectively measure 9,000 square feet. One building can be preferably purchased with the listing for $750,000. First property includes ample storage, an office area and six service bays with alignment systems. The second building contains four project bays, waiting lounge restrooms, and a clerical suite. Experienced team of twelve nonunion employees are most likely to remain post-purchase to continue high-quality focused operations after a standard transitioning with current owner. Benefiting from great suppliers, sales have steadily increased over the past six years while able to keep expenses in check, as last year’s Revenues reached $1,234,000 alongside Discretionary Earnings of $273K, which is a 5% increase from 2022! Through a large and recurring customer base, their two-year or 24K-mile warranty on parts and labor, plus a wide ranging of products, potentials exist in taking business to the next level by entering the electrical vehicle market. Besides a maintained website and use of social media as promotion, other efforts include grocery register tapes, ongoing verbal referrals, and local community support via repeated high school sports team contributions. Financials based on an independent evaluation!
Listing includes Equipment of $190,167 and Inventory valued at $53,109. Property marketed for $750,000 is available for separate purchase.