Never more than now is a great time to own an Auto Service Business. With new car inventory scarce, striking workers and the highest used car values in decades, people are holding on to their used cars longer. Translation, more cars to fix and maintenance.
Automotive Service Market Size was valued at 695.2 Billion in 2022. The Automotive Service market industry is projected to grow from 733.5 Billion in 2023 to 1126.6 Billion by 2032! Rising auto sales, expansion of aftermarket automotive services, and strict government rules governing the replacement or upgrading of vehicle components, are the key market drivers enhancing the Auto Service Industry.
Now that we’ve established it’s a great time to own an Auto Service Business, let’s look at some winning facts about this business.
Great location. This Auto Service Business is located on a Busy Street just a stone’s throw from the 10 FWY with 47,000 cars per day traffic, in an end-cap space with street visibility. Space to operate. With over 5000 sqft, rollup bays, lifts and lots of parking spaces you’ll never be pressed for space.
You’ll enjoy a strong stable of repeat customers and fleet customers that frequent this business.
Included in the asking price is all the equipment you’ll need to be successful. Well cared for and valued at over $100,000.
The business is run by the Owner and part-time spouse, along with 2 Techs, 1 Service Writer and 1 Admin/Bookkeeper
Pre-Approved for SBA with 10%-20% down.
You also get the benefit of having these long-time owners be your landlords. Yes, they own the building and that means they have a vested interest in your success. All at your fingertips.
Training will be provided to ensure a smooth transition.