Automotive Repair Shop in Greater Worcester.
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Asking Price
$3,000,000
Detailed Information
Greater Worcester, Massachusetts, US
Not Provided
NA
Business Description
This automotive repair shop in Greater Worcester is dedicated to providing services like collision repair, parts replacement, and maintenance to customers within its surrounding area. The shop has secured a towing and repair contract with Amazon, and has been prequalified at full asking price by a preferred lender. The property consists of a 2,000 square foot building that has been recently upgraded and offers room for expansion. In addition to the shop, the property includes two rental properties and the owner's residence on 7 acres of lakefront property valued at around $1,500,000. The business has a strong team of ten nonunion employees who are experienced and committed to staying on post-sale to ensure smooth operations with minimal owner involvement. Despite having a well-kept website and positive reviews, the current marketing efforts primarily rely on word-of-mouth referrals. The company sees potential for growth through online engagement and maximizing productivity. With revenues of $1,585,163 and Discretionary Earnings of $377,744 in