A unique opportunity in the used car dealership industry with a specialized focus on used Subaru vehicles alongside offering comprehensive vehicle repair services. Established in 1981, the business has built a substantial customer base through word-of-mouth referrals, underpinned by a robust reputation for honesty, value for money, and exceptional customer service. Competitive advantages include pricing significantly lower than major competitors and a personal touch that big-name garages cannot match.
With revenue of $1,237,905 in 2022 and an increase to $1,467,999 in 2023, the business shows promising growth trends. It is poised for a smooth transition to new ownership and is ideally suited for a buyer interested in leveraging its established market presence for expansion. The sale is due to the current owners' transition into retirement, offering a prime opportunity for growth-oriented entrepreneurs or existing automotive companies seeking expansion.
The strategically located premises provide a conducive environment for both sales and service operations. The business's tangible association with the community since 1981 has created a stable customer base, drawing individuals seeking trustworthy car buying and repair services. The workspace is designed to accommodate growth, which is evident in its capacity to integrate additional technicians and enhance service delivery. This setup caters to a diverse clientele, underscoring the business's agility in addressing the varied automotive needs of its customers.
This business maintains a carefully selected inventory of used vehicles, emphasizing Subaru models, which aligns with the establishment's specialist skills and customer preferences. The inventory is curated to cater to a broad spectrum of needs and budgets, ensuring a range of options for prospective buyers. This approach has fostered a customer base that values both quality and affordability. The dealership's methodical approach to inventory management reflects a commitment to not only meet but exceed customer expectations in the used car market.
The facility is comprehensively equipped to provide a wide range of vehicle repair and maintenance services. With a 2,856 square foot garage that houses 4 lifts and 4 bays, the setup is designed to handle multiple vehicles simultaneously efficiently and effectively. This infrastructure supports the dealership's dual business model of car sales and vehicle repairs. Technicians on-site utilize Mitchell 1 software for quotes, billing, and parts ordering, ensuring precise and efficient service management. The equipment and layout of the facility are aligned with the business's needs and are critical in delivering the high standard of service that they are known for.
Entering Retirement
They operate from a robust facility that comprises a 2,040-square-foot office space paired with a 2,856-square-foot garage featuring four lifts and four bays conducive to vehicle repairs and maintenance.
A new owner would need training on the service software, and the buying/selling of cars can be taught to an extent, but also is a bit of an art, you need to be able to see the potential of a vehicle, see what it would need and what the cost of that is and what it would then potentially sell for
Customer come via word of mouth, strong reputation for honesty in sales and service, offer a 30 day warranty, labor rate is only $90 per hour (65 less than main competitor) Customers feel they get good value for their money here, 600 plus “regular” customers plus a lot of walk ins
Do not have a website or facebook page at this point, lot of potential growth from the addition of those Only have 2 techs but have 4 lifts/bays so could easily handle more technicians in the space currently occupied
A unique opportunity in the used car dealership industry with a specialized focus on used Subaru vehicles alongside offering comprehensive vehicle repair services. Established in 1981, the business has built a substantial customer base through word-of-mouth referrals, underpinned by a robust reputation for honesty, value for money, and exceptional customer service. Competitive advantages include pricing significantly lower than major competitors and a personal touch that big-name garages cannot match.
With revenue of $1,237,905 in 2022 and an increase to $1,467,999 in 2023, the business shows promising growth trends. It is poised for a smooth transition to new ownership and is ideally suited for a buyer interested in leveraging its established market presence for expansion. The sale is due to the current owners' transition into retirement, offering a prime opportunity for growth-oriented entrepreneurs or existing automotive companies seeking expansion.
The strategically located premises provide a conducive environment for both sales and service operations. The business's tangible association with the community since 1981 has created a stable customer base, drawing individuals seeking trustworthy car buying and repair services. The workspace is designed to accommodate growth, which is evident in its capacity to integrate additional technicians and enhance service delivery. This setup caters to a diverse clientele, underscoring the business's agility in addressing the varied automotive needs of its customers.
This business maintains a carefully selected inventory of used vehicles, emphasizing Subaru models, which aligns with the establishment's specialist skills and customer preferences. The inventory is curated to cater to a broad spectrum of needs and budgets, ensuring a range of options for prospective buyers. This approach has fostered a customer base that values both quality and affordability. The dealership's methodical approach to inventory management reflects a commitment to not only meet but exceed customer expectations in the used car market.
The facility is comprehensively equipped to provide a wide range of vehicle repair and maintenance services. With a 2,856 square foot garage that houses 4 lifts and 4 bays, the setup is designed to handle multiple vehicles simultaneously efficiently and effectively. This infrastructure supports the dealership's dual business model of car sales and vehicle repairs. Technicians on-site utilize Mitchell 1 software for quotes, billing, and parts ordering, ensuring precise and efficient service management. The equipment and layout of the facility are aligned with the business's needs and are critical in delivering the high standard of service that they are known for.
Entering Retirement
They operate from a robust facility that comprises a 2,040-square-foot office space paired with a 2,856-square-foot garage featuring four lifts and four bays conducive to vehicle repairs and maintenance.
A new owner would need training on the service software, and the buying/selling of cars can be taught to an extent, but also is a bit of an art, you need to be able to see the potential of a vehicle, see what it would need and what the cost of that is and what it would then potentially sell for
Customer come via word of mouth, strong reputation for honesty in sales and service, offer a 30 day warranty, labor rate is only $90 per hour (65 less than main competitor) Customers feel they get good value for their money here, 600 plus “regular” customers plus a lot of walk ins
Do not have a website or facebook page at this point, lot of potential growth from the addition of those Only have 2 techs but have 4 lifts/bays so could easily handle more technicians in the space currently occupied
A unique opportunity in the used car dealership industry with a specialized focus on used Subaru vehicles alongside offering comprehensive vehicle repair services. Established in 1981, the business has built a substantial customer base through word-of-mouth referrals, underpinned by a robust reputation for honesty, value for money, and exceptional customer service. Competitive advantages include pricing significantly lower than major competitors and a personal touch that big-name garages cannot match.
With revenue of $1,237,905 in 2022 and an increase to $1,467,999 in 2023, the business shows promising growth trends. It is poised for a smooth transition to new ownership and is ideally suited for a buyer interested in leveraging its established market presence for expansion. The sale is due to the current owners' transition into retirement, offering a prime opportunity for growth-oriented entrepreneurs or existing automotive companies seeking expansion.
The strategically located premises provide a conducive environment for both sales and service operations. The business's tangible association with the community since 1981 has created a stable customer base, drawing individuals seeking trustworthy car buying and repair services. The workspace is designed to accommodate growth, which is evident in its capacity to integrate additional technicians and enhance service delivery. This setup caters to a diverse clientele, underscoring the business's agility in addressing the varied automotive needs of its customers.
This business maintains a carefully selected inventory of used vehicles, emphasizing Subaru models, which aligns with the establishment's specialist skills and customer preferences. The inventory is curated to cater to a broad spectrum of needs and budgets, ensuring a range of options for prospective buyers. This approach has fostered a customer base that values both quality and affordability. The dealership's methodical approach to inventory management reflects a commitment to not only meet but exceed customer expectations in the used car market.
The facility is comprehensively equipped to provide a wide range of vehicle repair and maintenance services. With a 2,856 square foot garage that houses 4 lifts and 4 bays, the setup is designed to handle multiple vehicles simultaneously efficiently and effectively. This infrastructure supports the dealership's dual business model of car sales and vehicle repairs. Technicians on-site utilize Mitchell 1 software for quotes, billing, and parts ordering, ensuring precise and efficient service management. The equipment and layout of the facility are aligned with the business's needs and are critical in delivering the high standard of service that they are known for.
Entering Retirement
They operate from a robust facility that comprises a 2,040-square-foot office space paired with a 2,856-square-foot garage featuring four lifts and four bays conducive to vehicle repairs and maintenance.
A new owner would need training on the service software, and the buying/selling of cars can be taught to an extent, but also is a bit of an art, you need to be able to see the potential of a vehicle, see what it would need and what the cost of that is and what it would then potentially sell for
Customer come via word of mouth, strong reputation for honesty in sales and service, offer a 30 day warranty, labor rate is only $90 per hour (65 less than main competitor) Customers feel they get good value for their money here, 600 plus “regular” customers plus a lot of walk ins
Do not have a website or facebook page at this point, lot of potential growth from the addition of those Only have 2 techs but have 4 lifts/bays so could easily handle more technicians in the space currently occupied
(207) 922-3276
info@tbb.biz
295 Hammond Street
Bangor, ME 04401
P.O. Box 1533
Bangor, ME 04402
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