Property for sale in Costa Rica
About this property
This listing presents an established automotive and dealership group for sale in Costa Rica, identified by MLS number 105201. The Price Automotive Group of Central America, which includes a repair and body shop as well as Price Auto Sales, is a fully operational business with a proven multi-revenue model and a strong national brand presence. Originally a small local repair shop founded 14 years ago, the business underwent a complete transformation in late 2018 under new ownership. Significant investments were made to upgrade the facility, modernize equipment, and recruit skilled technicians, leading to a remarkable increase in monthly sales from $16,000 to $125,000 within 14 months, generating a net monthly profit of $40,000 prior to the COVID-19 pandemic. When the pandemic affected driving nationwide, the company adapted by launching Price Auto Sales, becoming the first dealership in Costa Rica to offer a 12-month warranty on consigned vehicles. This strategic pivot created a vertically integrated model where the dealership supports the repair shop and vice versa, resulting in a total of $12,000,000 in sales in 2021. Currently, the business is stable, scalable, and nationally recognized, boasting over 80,000 combined social media followers, 14,000,000 monthly views on Facebook, and 1,500 daily website visitors. The company has established banking relationships, proven inventory systems, and operational standard operating procedures (SOPs). All initial risks and learning curves have been addressed, allowing the next owner to step into a mature operation with significant growth potential. The repair business features an 8-bay shop with concrete floors, four lifts including a Hunter alignment rack, a full body shop, a metal fabrication shop, and an employee break room with a bath and shower. It serves 1,800 active customers and employs a team of five technicians, a service manager, an advisor, wash staff, and body shop personnel. The asset value, including land, equipment, and parts inventory, exceeds $700,000, with a current net average of $11,000 per month. The entire business, including the full operation and inventory, is available for $2,200,000. This includes the repair shop, car dealership, land and buildings on a 1000m lot, vehicle inventory, consignment contracts, and leases for adjoining property. This opportunity represents a strong investment due to its vertically integrated business model, high-margin revenue streams from both repair and vehicle sales, a substantial digital marketing presence, national brand momentum, and immediate cash flow, along with significant scaling potential over the next five years.
Description rewritten by costaricarealtor.com from the public listing. See the original source for full details and photos.