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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?

         13 comments
      Most shop owners would agree that the independent auto repair industry has been too cheap for too long regarding its pricing and labor rates. However, can we keep raising our labor rates and prices until we achieve the profit we desire and need? Is it that simple?
      The first step in achieving your required gross and net profit is understanding your numbers and establishing the correct labor and part margins. The next step is to find your business's inefficiencies that impact high production levels.
      Here are a few things to consider. First, do you have the workflow processes in place that is conducive to high production? What about your shop layout? Do you have all the right tools and equipment? Do you have a continuous training program in place? Are technicians waiting to use a particular scanner or waiting to access information from the shop's workstation computer?
      And lastly, are all the estimates written correctly? Is the labor correct for each job? Are you allowing extra time for rust, older vehicles, labor jobs with no parts included, and the fact that many published labor times are wrong? Let's not forget that perhaps the most significant labor loss is not charging enough labor time for testing, electrical work, and other complicated repairs.  
      Once you have determined the correct labor rate and pricing, review your entire operation. Then, tighten up on all those labor leaks and inefficiencies. Improving production and paying close attention to the labor on each job will add much-needed dollars to your bottom line.
  • Upcoming Events

    • March 24, 2023 01:00 PM Until 09:00 PM
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      Hi all,
      AutoLeap is hosting Amplify 2023, a virtual auto repair conference for shop owners, on March 24. We have 22 incredible speakers, and 13 industry associations and training institutes participating in this virtual event. The conference is free of cost.
      You can book your complimentary, virtual seat today using this link: https://bit.ly/3EXvfWY
      Amplify 2023 speakers include: Joe Marconi, Co-Owner AutoShopOwner and Elite Business Coach @Joe Marconi Aaron Stokes, ShopFix Academy Cecil Bullard, The Institute for Automotive Business Excellence Chris Cotton, AutoFix Auto Shop Coaching Darrin Barney, Elite “G” Jerry Truglia, Automotive Technician Training Services Greg Bunch, Transformers Institute Jeremy O'Neal, AdvisorFix The conference will cover essential topics such as:
      Navigating through the current industry challenges Tackling the technician shortage through employee retention Creating memorable customer experiences Growing & expanding your business in 2023 Financial planning & KPIs to measure And that’s not all.
      The interactive, dynamic conference also offers live networking opportunities, and fun games and prizes.
      You can book your complimentary, virtual seat today using this link: https://bit.ly/3EXvfWY
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