MergerPlace

Auto Repair & Mechanic Shop

Minnesota


  • Asking Price: $200,000
  • Gross Income: $629,262
  • Cash Flow: $76,315
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $100,000
  • Listing ID: #209264
  • Established: 1981
  • Employees: 3 FT / 2 PT

Business Description

Great opportunity to acquire a successful family-owned automotive service center and used car dealership with a loyal customer base since opening in 1981. Strategically located on a busy street and near many large big box retail businesses. The Business is well established with over 30 years of goodwill, excellent reputation for customer service and average sales of $650,000+ over the last three years. The Business comes with the tire and automotive equipment required to run a full service auto repair business, including alignment and total car care. The street it is located on has a traffic count of nearly 30,000 cars/day. A staff of experienced employees will support an entrepreneurial new owner who wishes to further grow the business. The Seller will provide training and support during the transition period.


Business Details

Primary Business Category: Services - Other Services
Location: Minnesota

Company Information

Year Established: 1981
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 3 FT / 2 PT

Financial Information

Asking Price: $200,000
Gross Revenue: $629,262
Cash Flow: $76,315
FF&E: $100,000
Seller Financing Available: No

Property Information

Facilities:

The 5,600+ square foot modern building has six service bays. They have a very attractive customer reception area as well as a nice display area. There is also a huge area to store tires and parts, and plenty of parking.

Growth & expansion opportunities:

The new owner will grow the business by soliciting fleets to service, expanding advertising and greater use of social media.The asking price for the Business is $200,000. The owners have been in the business for nearly 37 years and are motivated to retire. With a great reputation for quality, convenience and trusted service, this business offers a Buyer a unique opportunity to own their own business, control your own destiny and realize your dreams of owning a respected business in a growing community.

Competition:

The automotive repair industry is competitive, but this company has a competitive advantage due to its outstanding workforce that will allow a new buyer to expand in an industry where well-trained employees are hard to find. A long-standing reputation for quality work and great customer service will keep new customers, as well as existing customers, coming in for years to come.

Reason for selling:

Owner wishes to retire.

Support & Training:

Will train for 2 weeks @ no cost The new owner of this business will need to have a working knowledge of the auto repair industry. Sellers will provide several weeks of training and additional telephone support to ensure a smooth transition.

Contact Business Seller

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Business Listed By:

Scott Krook

Murphy Business Brokers