Auto repair shop in an affluent Boston suburb sold to individual buyer for $425,000
Industry Expertise
Location
Business Broker
Situation
The owner of an auto repair shop in an affluent community west of Boston wanted to sell the business and retire. Retiring is a big decision and deciding to sell a business that one has run for many years is understandably another big decision. Many business owners can identify with being uncertain whether or not now is the right time to sell.
BayState Business Brokers’ Approach
This auto repair shop was an attractive business to market given there is little to no competition in this affluent community in the suburbs west of Boston. Additionally, auto repair shops are generally regarded as a recession-proof business, adding to the appeal for a buyer with the right background. Marc Gudema developed the Confidential Business Brief, marketing the auto repair shop and its favorable market positioning.
Results
Marc Gudema brokered the sale of the auto repair shop to an individual buyer with an automotive repair background who leased the associated property.
