not disclosed Utah Business for sale

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not disclosed Utah Business for Sale

Premium Auto Service & Repair Shop

not disclosed, Utah
Located in the Salt Lake Valley, this premium auto service and repair shop is one of the most successful in the state of Utah. The Company repairs all European cars, as well as Asian and domestic models, with a particular focus on premium marques.
The Company owes its success to a business model based on the best practices for an independent repair facility as taught by the Automotive Training Institute (ATI). They focus on best-in-class service, which allows them charge higher rates. Their clients are referred to them, and keep coming back, because IFA offers conveniences like same day service, free loaner cars, free shuttle service, concierge service and after-hours pick-up and drop-off. The Company couples this convenience with reliable, honest service and repairs.
Another major factor in their ability to better serve their clients is their proprietary workflow software, developed by the owner. The software allows them to build and optimize all of their business processes and systems. While the software itself will not be included in the sale of the company, a new owner will have the right to continue to use the software post-transaction.
The Company’s approach to and treatment of their technicians, and all employees, also sets them apart from their competition. They insist that all of their technicians are ASE certified, the only auto repair certification program that requires regular re-certification. This ensures that their technicians are well-trained and well-prepared to succeed in the industry. Secondly, they foster a work environment that allows their staff to optimize their talents and be rewarded with job stability, career advancement opportunities and a good living.
The Company operates out of an approximate 25,000 square foot facility, with 18 recently renovated repair bays. There is ample room for indoor car storage while customer’s cars are being repaired and it also includes a large, attractive waiting room, offices and a 40-person training room.
The facility is owned by the seller in a separate entity and the Company pays rent to that entity. The seller prefers to sell the facility and underlying real estate along with the business. It is being offered at $2M. If a buyer prefers to just buy the business, but not the real property, a mutually agreeable lease can be negotiated.

Financials

Price: $1,600,000
Gross Income: $1,559,424
Cash Flow: $566,864
FFE: $0
Inventory: $0
Real Estate Value: $0
Source Data:

About the Business

Listing ID: #201713
Year Established: 2008
Financing:
Training:
Facilities: approx. 25,000 sf on 1.03 acres
Competition:
Growth:
Employees:
Business Listed By
Name: Coldwell Banker Mergers & Acquisitions
Email: elizabeth.bellit@cbcadvisors.com
Company: Coldwell Banker Mergers & Acquisitions
Phone: 801-947-8383

The information in this listing has been provided by the business seller or representative stated above. The Business Broker Journal has no stake in the sale of this business, has not verified the accuracy, completeness, and assumes no responsibility for this advertisement. Read our Terms and Conditions for more information.

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BTI Group / Business Team
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