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very busy, very good reputation Complete repair shop in SoCal Orange County - best location as well


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Dear all,

 

I am considering selling turn-key my shop, as I might (nothing is concrete yet) move out of country in about a year (I do NOT turn the wrench and I am present at the shop around 20 hours/week). Excellent location, excellent reputation, ZERO advertising $$$, Very busy with big jobs (not known as an oil change place at $48/basic oil change! - although it used be known for cheap oil changes 4+ years ago - I CHANGED IT ALL).

 

We work on EVERY make/model! Most tools are owned by techs that are VERY WELL qualified and know how to run the shop. It is NOT small, has 3 lifts and 2 pits, ample parking space etc, and it is NOT big - VERY manageable size!. Location is incredible, on main street, no need for A/C or heating year long! indoor & outdoor waiting area...etc... building is OLD and it shows but it is OK.

 

I will also transfer ownership of BMW & Mercedes OEM level equipment, as well as complete database of Mitchell with all necessary computer equipment including back ups. Although California does NOT allow Non-Compete agreements, I promise not to perform automotive repair within 3 mile area for 3 years (If I move, I will be 10K miles away anyhow). I guarantee NOT to steal custoemrs or become a competitor!

 

My shop can be run absentee with current employees. I can sell just the business OR the corporation that's established over 4 years (there will be an extra charge for that)

 

Also, loaner cars (not crap cars, nice BMW, VW etc - 5 of them) are included with the sale. I perform diagnostics on the BMWs only, as that is my speciality, but as mentioned above, our custoemr database ranges from 1970s VW Buses to Camaros to newer Bentleys etc.

 

If you are interested , please send me a private message. I am in no hurry to sell, as I know even if I move out of country, it will continue growing fine, BUT it will be very hard to manage that way, especially with 10hr. time zone difference to SoCal.

 

IT is a Franchise, although there is not much left on the contract and they haven't even stopped by in 2+years! ( you can make it independent soon)

 

Some numbers for the interested parties:

 

 

This business treated me VERY well, if you know what I mean.

Employees : 2 full time + 1 part time + Myself (Part Time)

Average ROs per week : 50-55 (open 8-5:30 MON-SAT) ( Used to open Sundays and expect revenue to grow 10+% if you do)

Average $/RO : $225+ (there were weeks that average RO came out to $350 with 50 cars)

Marketing & Advertising : for the last 3 years, ZERO dollars is spent!!! All customers are repeat, referral or from Yelp etc. no Marketing fees to Franchisor as well - made a deal ~3 years ago)

Inventory & Lifts & electronic Equipment : Probably around $50K - included with the sale.

Selling Price/Wages/Any other details: to be discussed with the potential buyer in person. If I was the buyer, I would NOT change a thing on the operations!

 

Please do NOT mention anything to employees on this issue, they have been very loyal ( 1 of them with me since I started 4+ years ago, the other one is with me for 3 years, and the last one with me since I started but went away to school and came back 1 year ago), they LOVE the shop and the current business structure, they are VERY ethical, and NO SALESMEN! They are NOT on commission , so they do NOT have an incentive to smash my reputation!

 

Business and Corporation has VERY good relationships with suppliers and other neighboring businesses!

 

I personally am ASE Consultant Certified, and do NOT turn the wrench ever. My background was Quality Assurance and I am an amateur car racer) Business has gone up and in the direction I wanted since the day I took over.

 

I will be more than happy to stay and help the buyer for 3 months at 20 hours/week at my convenience at a very reasonable pay. I want to assure the customers will be taken care of the way they are used to, so there is NO issue with reputation or revenue.

 

Send me a PM message if interested. If it is sold, I will also provide you with the ideas I had (but didn't have a chance to realize yet) which is supposed to double the profits in 2-3 years! YES, I said PROFITS, not just the revenue!

 

This is a great opportunity and I personally guarantee all information you have and will receive will be 100% true to the best of my knowledge, and I will stand my shop 100%. ( the reviews and reputation speaks for itself anyhow)

 

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  • Have you checked out Joe's Latest Blog?

         5 comments
      I recently spoke with a friend of mine who owns a large general repair shop in the Midwest. His father founded the business in 1975. He was telling me that although he’s busy, he’s also very frustrated. When I probed him more about his frustrations, he said that it’s hard to find qualified technicians. My friend employs four technicians and is looking to hire two more. I then asked him, “How long does a technician last working for you.” He looked puzzled and replied, “I never really thought about that, but I can tell that except for one tech, most technicians don’t last working for me longer than a few years.”
      Judging from personal experience as a shop owner and from what I know about the auto repair industry, I can tell you that other than a few exceptions, the turnover rate for technicians in our industry is too high. This makes me think, do we have a technician shortage or a retention problem? Have we done the best we can over the decades to provide great pay plans, benefits packages, great work environments, and the right culture to ensure that the techs we have stay with us?
      Finding and hiring qualified automotive technicians is not a new phenomenon. This problem has been around for as long as I can remember. While we do need to attract people to our industry and provide the necessary training and mentorship, we also need to focus on retention. Having a revolving door and needing to hire techs every few years or so costs your company money. Big money! And that revolving door may be a sign of an even bigger issue: poor leadership, and poor employee management skills.
      Here’s one more thing to consider, for the most part, technicians don’t leave one job to start a new career, they leave one shop as a technician to become a technician at another shop. The reasons why they leave can be debated, but there is one fact that we cannot deny, people don’t quit the company they work for, they usually leave because of the boss or manager they work for.
      Put yourselves in the shoes of your employees. Do you have a workplace that communicates, “We appreciate you and want you to stay!”
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