Successful Automotive Repair Shop, Largest Tire Inventory in Northern Michigan

Featured on BusinessForSale.com . 7 viewed

Asking Price

$2,200,000

FOR SALE - ACTIVE

Detailed Information

Location

Northern MI, Michigan, US

Reason for selling

Not Provided

Real Estate

NA

QUICK STATS

BUYER ANALYSIS

Down Payment

% down

Payback Period

months

Annual Debt Service

% interest, year term

Cash Flow After Debt Service

Debt Service Coverage

x

COMPANY FINANCIALS

Cash flow

(% CF Margin)

Revenue

Furniture, Fixture &
Equipment

Inventory

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Business Description

For sale: A successful automotive repair shop in northern Michigan with the largest tire inventory in the county. The shop offers a range of mechanical services, including automotive repair, tire supply, replacements, wheels, and maintenance such as oil changes. With sales reaching over $2.1 million in 2023 and projected growth for 2024, the business is known for its tire expertise, trusted automotive repairs, and steady earnings. The owner is actively involved in managing the business, supported by a team of six experienced employees expected to stay on post-sale. Opportunities for growth include leveraging email/text communication with existing customers, targeted advertising for commercial accounts, and minimal capital investment. The well-maintained facility features six service bays, a spacious showroom, comfortable waiting area, office space, and ample storage, strategically located on a main thoroughfare with a high traffic flow. Operating on a solid foundation of customer referrals and strategic marketing efforts, this automotive repair shop is a prime opportunity for continued success and growth.

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