MergerPlace

Auto Repair & Restoration

Minnesota


  • Asking Price: $650,000
  • Gross Income: $517,071
  • Cash Flow: $37,145
  • Real Estate: $400,000
  • Inventory: $97,000
  • FF&E: $81,800
  • Listing ID: #201623
  • Established: 1983
  • Employees: 5 FT/1 PT

Business Description

The business generates about $500,000 in revenue doing vehicle repairs on cars and light trucks. The business also does vehicle restoration work and vehicle accessories. The land, buildings, equipment, inventory and vehicles totaling over $700,000 is also included in the sale which makes this a very good deal.


Business Details

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

Company Information

Year Established: 1983
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 5 FT/1 PT

Financial Information

Asking Price: $650,000
Gross Revenue: $517,071
Cash Flow: $37,145
FF&E: $81,800
Inventory: $97,000
Real Estate: $400,000
Seller Financing Available: No

Property Information

Facilities:

The facility is included in the sale.

Growth & expansion opportunities:

There will always be a demand for the repair business. A good business plan for growth would definitely make a difference.

Competition:

There is a normal amount of competition in the area.

Reason for selling:

Retiring.

Support & Training:

Will train for 2 weeks @ no cost. There are no special licenses needed.

Contact Business Seller

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Business Listed By:

David LaVoi

Murphy Business Brokers