Transmission Repair, Replacement, and Parts Distribution Center
Off-MarketRichmond, VA
Multi-service Automotive Business Centered Around A Large Transmission Repair, Replacement, And Distribution Operation
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$3,500,000
$600,000
17.1%
2006
Past 24h
Customers
The business serves a mix of retail and commercial automotive customers. Commercial relationships include dealerships, repair shops, fleet/service customers, government-related customers, insurance companies, and third-party warranty companies. The owner stated that the company works with approximately 17 insurance companies and accepts third-party vehicle warranties. The transmission distribution side also supplies transmissions to other automotive businesses and dealerships.
Customer Acquisition
Customers are generated through a combination of strong organic reputation and repeat/referral business, commercial relationships, digital marketing managed by an outside marketing company, and towing operations that generate repair customers. The towing operation is an important acquisition channel. According to the seller, approximately 70% of towing customers ultimately bring their vehicles into the shop for evaluation and service.
Team
Approximately 17 employees. The management structure includes approximately: office management; automotive/shop management; and general/overall operations management. One key office manager previously spent approximately 10 years managing a nearby NAPA location, providing significant parts-industry knowledge and helping maintain the company’s relationship with NAPA.
Owner's Role
The owner is relatively hands-off with daily operations. The business has approximately three key managers, including management overseeing the office, automotive repair operations, and overall facility/business operations. The owner stated that he does not personally handle much of the daily operation.
Reason for Selling
The owner is looking to transition away from the business due to personal circumstances that have made the physical demands of overseeing the operation more challenging. The owner has other business interests and is looking to reduce his involvement in the automotive operation.
Contracts
Yes, the business has established commercial relationships/contracts with certain large customers. The business also performs work for dealerships, insurance/warranty companies, and other commercial accounts.
Real Estate
No
When Are You Looking to Sell
Within the next 6-12 months
Licenses Required
Yes. According to the owner, the operation currently maintains approximately seven licenses/approvals. Specifically mentioned were dealer and junkyard-related licensing, DMV-related authorization, and state vehicle inspection approval
Additional Notes
The business has operated for approximately 20 years and has grown from a small two-bay shop into a large automotive operation with approximately 48 bays across two buildings on a 6.5-acre leased property. Transmission repair, replacement, and distribution are the core operations. The company sells approximately 20–30 transmissions per week, with an average transaction around $4,000. The business is a distributor/representative for a major U.S. transmission supplier and serves both retail customers and other automotive businesses. The company operates approximately four tow trucks. Towing functions as both a revenue stream and a customer-acquisition channel for the repair operation. The company also maintains rental vehicles and offers a service where stranded motorists can receive a rental vehicle while their vehicle is transported for repair. According to the seller, the first 24 hours of the rental may be provided free in connection with this service. The operation also has an internal salvage/recycling component. The company purchases approximately 10–15 vehicles per week, removes and tests reusable transmissions and other parts, sells usable components, and eventually crushes/recycles the remaining vehicles. The company has established relationships with insurance and warranty providers, commercial accounts, dealerships, government-related customers, and automotive parts/service networks. According to the seller, its existing insurance/warranty relationships can allow certain repair approvals to be completed more efficiently.
Business ID: 2099
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