North Shore Auto Repair Business for Sale in Peabody, MA

This is a well-established and reputable auto repair business, A&K Automotive, Inc., located in Peabody, Massachusetts. With 15 years of operation, the business has cultivated a strong reputation for providing excellent service and parts as a dealer alternative. The owner is relocating out of state, presenting a prime opportunity for a new entrepreneur to take over a business with a consistent stream of repeat customers, incoming leads via phone, social media, and email, and always work to be done. The facility is a spacious 2,500 sq. ft. with four large bays, 14-foot doors, upgraded LED lighting, and ample storage. Its strategic location within a small industrial park, adjacent to a parts store, ensures efficient operations and quick access to necessary components. The sale includes a comprehensive inventory of shop equipment, specialty tools, lifts, diagnostics, hardware, and computers. The business boasts strong financials, with a Gross Revenue of $510,000 and Seller's Discretionary Earnings (SDE) of $135,000. The asking price of $275,000 includes $10,000 in inventory and $2,000 in FF&E. The leased premises offer a secure operating environment with a lease expiration in October 2028 and a monthly rent of $3,150. The business currently employs 2 full-time individuals. The seller is offering a 2-week training period to ensure a smooth transition for the new owner, covering essential business operations, software, and financial management.