Business Description

This established automotive service business, known for its excellent reputation, offers a wide range of services and also sells a limited number of used cars. Their team of skilled technicians handles all types of maintenance, from routine tasks to complex engine work and installations. The owner is willing to assist in the transition process. A noteworthy development is the recent passing of Maine's Right to Repair bill, granting independent repair shops access to diagnostic data for all vehicles. The business is priced at $270,000, with a strong cash flow of $143,150 and gross revenue of $920,000 (including car sales). Inventory worth $10,000 is included in the sale, while the real estate, valued at an estimated $250,000, is not part of the sale price but will be incidental to the business transfer following a commercial appraisal. Established in 1993, this opportunity is due to the owner's retirement. With a team of 5 full-time and 3 part-time employees,