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Business for Sale Summary

Auto Repair & Tire Business for Sale in Delaware - 36940

Business Type: auto body/collision repair,auto/truck mechanical repair,automotive dealers/ auto retail,misc. retail/non-classifiable,auto repair
Auto Repair & Tire Business for Sale in Delaware
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Financial Information (non-confidential)

General Information
Asking Price $300,000 Down Payment $300,000
Gross Revenues $600,000 Lease Remaining Register Free to View
Owner’s Cash Flow $120,000 Number of FT Employees Register Free to View

Financing

$300,000 Down and

Business Description

Located in a high-traffic area of New Castle County, Delaware, this established automotive service center provides a full range of auto repair services, specializing in new and used tire sales, wheel alignments, and general vehicle maintenance. The shop benefits from excellent visibility along a busy commercial corridor, attracting a steady flow of local and commuter traffic. Services offered include general auto repairs and diagnostics, new and used tire sales, wheel alignments and balancing, brake repairs, suspension and steering services, and tire rotation and mounting. New Castle County has experienced steady population growth, increasing from an estimated 578,592 residents in 2023 to 588,093 in 2024—a growth rate of approximately 1.64%. This expanding population drives a growing demand for reliable automotive services, positioning the business to capture increased market share. The business boasts several strengths, including a prime, accessible location, a comprehensive range of services offered under one roof, and a strong local reputation with a loyal customer base. However, it faces challenges such as limited digital marketing and online booking options, as well as space constraints during peak hours. Opportunities for growth include introducing financing options to attract budget-conscious customers, expanding services to fleet or commercial vehicles, and capitalizing on population growth through strategic outreach. Potential threats include local competition, economic fluctuations affecting discretionary spending, and the ongoing need to adapt to evolving automotive technologies. With a solid foundation, loyal clientele, and high visibility in a growing region, this auto repair and tire service center is well-positioned for continued success. Strategic improvements in digital engagement and service offerings could further enhance its growth and profitability in the coming years. For More information, contact the Broker Hanna Sanchez 804-712-8734

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