Recession Proof-Best Auto Repair Shop In Paradise-Maui, Hi Re Availabl

Description

Established automotive repair business for sale in Lower Kula, Maui.

The shop services European, domestic and Asian vehicles and operates with a broad range of repair equipment already in place.

Transaction details

• Asking price: $625,000
• Seller financing available
• Required down payment: $200,000
• Monthly rent: approximately $12,500
• Real estate may also be available for purchase

The seller reports labor rates ranging from approximately $215 to $315 per hour.

Equipment and assets

• Five vehicle lifts
• Tire changer
• Wheel balancer
• A/C service machine
• Air compressor
• Computer and shop management system
• Customer records
• Parts room
• Office furniture

The seller states that there is limited direct competition within approximately 24 miles and that the business remained operational during the COVID period.

The listing also cites historical revenue of approximately $1.3 million during a prior recession. Buyers should confirm the year, underlying financial statements and whether this figure represents gross revenue.

The business is located in Lower Kula at approximately 2,500 feet elevation.

Prospective buyers must provide information regarding business experience and financial capacity before receiving additional details.

Buyers should verify historical financials, labor rates, customer concentration, lease terms, real estate pricing, employee arrangements, equipment condition, environmental and waste-disposal compliance, customer database transfer, seller-financing terms and all applicable Hawaii automotive repair requirements during due diligence.