MergerPlace

Transmission/General Repair

Minnesota


  • Asking Price: $125,000
  • Gross Income: $536,417
  • Cash Flow: $66,570
  • Real Estate: Not Disclosed
  • Inventory: $1,000
  • FF&E: $90,000
  • Listing ID: #208976
  • Established: 1978
  • Employees: 3 FT

Business Description

This business was established in the 70's and has become a well recognized dependable repair shop. The business is located on a very busy main road in the north west metro. The owner handles all the customer service and service writing which keeps him very busy keeping the 3 full time technicians producing. The new owner should have good mechanical aptitude and good people skills. This is a very bankable deal!


Business Details

Primary Business Category: Services - Other Services
Location: Minnesota

Company Information

Year Established: 1978
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 3 FT

Financial Information

Asking Price: $125,000
Gross Revenue: $536,417
Cash Flow: $66,570
FF&E: $90,000
Inventory: $1,000
Seller Financing Available: No

Property Information

Facilities:

The current location is very large (9500 sq ft) and is currently month to month with the landlord. A new negotiated lease would need to be handled before the acquisition.

Growth & expansion opportunities:

There are currently 3 full time technicians with 11 lifts and several flat bay areas. The business is located on the main road in a vibrant north west suburb. A aggressive growth business plan would definitely yield positive results.

Competition:

This will always be a competitive industry but this business has been a part of the neighborhood for four decades. There is a normal amount of competition in the area.

Reason for selling:

Semi Retiring, already lives out of state.

Support & Training:

Will train for 2 weeks @ no cost There are no special skills required; however, the new owner should have a strong mechanical aptitude or a technician with excellent people skills.

Contact Business Seller

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Business Listed By:

David LaVoi

Murphy Business Brokers