MergerPlace

Well Established Automotive Repair Shop

Minnesota (Ramsey)


  • Asking Price: $285,000
  • Gross Income: $397,748
  • Cash Flow: $114,157
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $13,300
  • Listing ID: #207688
  • Established: 1991
  • Employees: 3 FT

Business Description

Established in 1991, this Automotive Repair Shop has been serving the St. Paul area for over 27 years. A trusted automotive repair center, that performs all forms of repairs including diagnostic, brakes, suspension, tires, oil and fluid changes.


Business Details

Primary Business Category: Services - Other Services
Location: Minnesota
County: Ramsey

Company Information

Year Established: 1991
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 3 FT

Financial Information

Asking Price: $285,000
Gross Revenue: $397,748
Cash Flow: $114,157
FF&E: $13,300
Seller Financing Available: No

Property Information

Facilities:

Located on a busy Avenue in St. Paul, the 6360 sq.ft. brick faced building has excellent visibility for the high traffic count passing by each day. The shop has easy access with garage doors at both the front and rear of the building. Area has room for 13 bays to service cars. Storage areas in both basement and second level provides space to store records and tires.

Growth & expansion opportunities:

This business is currently not open on weekends providing opportunity to increase sales. With a number of businesses in the area, great potential to increase current limited fleet sales.

Competition:

Located on a busy Avenue near residential neighborhoods and local businesses, there are other repair shops in the area.

Reason for selling:

Owners are retiring.

Support & Training:

Will train for 2 weeks @ no cost Currently both owners and one mechanic operate business. All three will be retiring when business is sold requiring buyer to supply employees.

Contact Business Seller

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Business Listed By:

Dennis Knapp

Murphy Business Brokers