Sold

Quality Automotive – Sault Ste. Marie, MI

Business Category: Auto Repair, Parts & Services, Miscellaneous Repair Services, Miscellaneous Services, Service Businesses
Location: Michigan

Listing Price:

$740,000

Revenue: $1,450,000

Cash Flow: $280,000

Real Estate Available: Owned, available for lease or sale with the business.
Reason For Sale: Retirement.
Number of Employees: 11

Accepting All Offers!

Year-to-date (September 30, 2022) over $1.1M in revenue.

Located in one of the largest cities in Michigan’s Upper Peninsula, this highly profitable auto service and repair shop has provided exceptional service to customers for nearly 25 years.

The Company is a AAA Professional auto repair shop, as well as a Gold-certified NAPA AutoCare Center complete automotive service provider: from routine maintenance services such as oil change, front-end alignments, and diagnostics, to necessary repairs.

With a brief dip in sales due to COVID the Company has demonstrated increased revenue and consistent profitability in 2021 and 2022. Year-to-date (September 30, 2022) Quality Automotive has performed very strongly with over $1.1M in revenue and $260,000 in cash flow (SDE).

With an influx of new residents arriving in the area to support the massive infrastructure projects, now is the perfect time to invest in an already-thriving business.

Known for their professionalism, honesty, and transparency, this decades-established auto repair shop services all makes and models of vehicles. These values are the ‘chassis’ that drive the high quality, fair service that the Company is known for, which keeps loyal customers coming back.

Backed by a solid team of loyal and dedicated service writers, techs, and administrative help, the owner is highly motivated to sell and would like to transition into retirement.

Opportunities for Growth

(1) Local demand for auto technicians is high; growth may be limited by availability of qualified technicians.
(2) Potential to add tire sales.
(3) Add capability to service electrical vehicles.

Investment Highlights

(1) Stellar reputation rooted in consistently high-quality work.
(2) Honesty and transparency of services; technicians are qualified and knowledgeable.
(3) Demand for auto services are expected to greatly increase with local infrastructure developments.

Want more information?

To inquire, fill out our simple form below.

After clicking 'SUBMIT', please give the page a moment to redirect you to our standard non-disclosure agreement.

Once executed, we'll be in touch with more information about this listing!

Scroll to Top