MergerPlace

Automotive General Repair

Minnesota (Hennepin)


  • Asking Price: $99,500
  • Gross Income: $332,212
  • Cash Flow: $68,783
  • Real Estate: Not Disclosed
  • Inventory: $500
  • FF&E: $21,230
  • Listing ID: #204024
  • Established: 1992
  • Employees:

Business Description

This business started providing quality service in 1994 and expanded into their current four bay facility in 2005. The business has been very stable due to quality workmanship and superior customer service. The business does complete general repair on foreign and domestic cars and light trucks. They do not do tires or alignments. The business is located in a high growth area so this is a excellent acquisition for a over staffed operation or a start up partnership.


Business Details

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

Company Information

Year Established: 1992
Home Based: No
Franchise: No
Relocatable: No
Number of Employees:

Financial Information

Asking Price: $99,500
Gross Revenue: $332,212
Cash Flow: $68,783
FF&E: $21,230
Inventory: $500
Seller Financing Available: No

Property Information

Facilities:

This 4 bay repair shop has three hoist and one flat bay. It is located in a mechanical repair strip mall. There are no competing businesses in the building.

Growth & expansion opportunities:

Continuing the high quality workmanship and keeping quality technicians in place will ensure a strong stable business. This high growth area will ensure business growth as well.

Competition:

There is normal competition in the area. There is a consistent customer base in place that will keep at least one technician very busy as the current owner will transition out slowly.

Reason for selling:

Peruse other interests.

Support & Training:

Will train for 2 weeks @ no cost. Being a certified technician would be a asset to a new owner. There is one full time technician with room to add at least one more which would allow the new owner to focus on growing the business.

Contact Business Seller

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Business Listed By:

David LaVoi

Murphy Business Brokers