Guides for shop owners · Massachusetts and Connecticut

Is there a buyer for auto repair shops in Hartford County?

Hartford County has a lot of family owned shops and a lot of owners getting close to the same decision. Buyers are out there. The work is finding one who'll keep your shop running the way you built it.

If this sounds like youYou run a shop somewhere around Hartford and you're starting to wonder if there's a real buyer out there, or if you'll just have to close the doors one day.

A Lotus shop exterior
A Lotus shop exterior
Your options

What you can do.

OPTION 1

A local owner operator

Keeps it close to home, but may need financing help.

OPTION 2

A larger chain or group

Fast, but the shop may change a lot.

OPTION 3

Keep the building, sell the shop

You become the landlord and collect rent.

OPTION 4

Sell the shop and building together

The cleanest way out.

Before you decide

What to watch for.

  • Know your real profit after paying yourself a fair wage.
  • Have your lease or deed and any environmental reports ready.
  • Ask each buyer how long they plan to own the shop.
How Lotus helps

Owner to owner, and it stays private.

Lotus is a family company in Connecticut and Massachusetts. We buy shops in Hartford County and nearby, and the buildings they sit in. We keep the team, keep the name and run it ourselves. Talk with James, privately.

James StephensonJames Stephenson
Lotus, Massachusetts and Connecticut
Talk to James
Questions

Quick answers.

Do buyers in Connecticut want the real estate too?

Some do and some don't. Lotus prefers to buy both together.

Should I close my shop instead of selling?

Closing usually leaves value on the table. Talk with a buyer first, even if you think the shop is too small.

Keep reading
Say hello

Thinking about what comes next for your shop or building?

Reach out and we’ll talk it through. No pressure, and the conversation stays private.

james@lotuspe.us