MergerPlace

Automotive Repair

Minnesota


  • Asking Price: $495,000
  • Gross Income: $637,609
  • Cash Flow: $90,484
  • Real Estate: $300,000
  • Inventory: Not Disclosed
  • FF&E: $100,285
  • Listing ID: #197543
  • Established: 1987
  • Employees: 4 FT/2 PT

Business Description

This full service automotive and light truck repair shop started 30 years ago in the owners garage in rural southern MN. They now operate in town in a nice 40X60 4 bay commercial facility. It is fully staffed and ready for a new owner to take charge and move this business forward.


Business Details

Primary Business Category: Retail Trade - Gasoline and Service Stations
Location: Minnesota

Company Information

Year Established: 1987
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 4 FT/2 PT

Financial Information

Asking Price: $495,000
Gross Revenue: $637,609
Cash Flow: $90,484
FF&E: $100,285
Real Estate: $300,000
Seller Financing Available: No

Property Information

Facilities:

This 40X60 repair shop also has approximately 700 square feet of office area. It is located on a commercial lot in town and is included in the selling price.

Growth & expansion opportunities:

The current owner has been absentee for quite some time so a active owner will make a huge difference. They currently do not track there customers very close so just marketing through them would have great benefit.

Competition:

This is a very competitive industry and always will be. They have built their business by taking care of their customers and fixing their problems right the first time. They stand behind their work and the customers know it.

Reason for selling:

They own another business and do not have the time needed to run both. He has not been able to be on site like a owner should be.

Support & Training:

Will train for 2 weeks @ no cost. This is a full service repair shop so a strong mechanical aptitude is a minimum but being a ASE certified technician would better position a new owner to operate this business.

Contact Business Seller

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Business Listed By:

David LaVoi

Murphy Business Brokers