Woodland Park, CO (Teller County)

Business Description

This locally-owned auto sales and service center began operations in 2003. The owner built the current facility in 2006 and added additional property in 2014 so as to start the auto sales part of the business. Ordinarily, annual gross revenues are split between auto sales and service. Auto sales account for anywhere from 30% to 35% while service revenues account for the balance. Up to 80% of sales comes from repeat business which shows stability and continuity. The two sectors compliment each other in that when a car is traded in for another, the repair shop repairs and does any needed maintenance to the car and then bills the sales sector. Then, the sales sector adds those costs to the price of the car enabling profitability to each sector. This business has a reputation for honesty and integrity and is highly recommended by its clientele. The facilities are modern and the equipment is state-of-the-art.

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Detailed Information

Location: Woodland Park, CO

Inventory: Included in asking price

Real Estate: OwnedNot included in asking price

Building SF: 4,400

Employees: 8

Furniture, Fixtures, & Equipment (FF&E): Included in asking price

Facilities: 4400 Square foot building with six bays and offices upstairs

Financing: Seller will lease the real estate for $7500 per month

Support & Training: 30 Days

Reason for Selling: Retirement