MergerPlace

Auto General Repair

Minnesota


  • Asking Price: $445,000
  • Gross Income: $767,000
  • Cash Flow: $162,248
  • Real Estate: $275,000
  • Inventory: $25,000
  • FF&E: $110,307
  • Listing ID: #210669
  • Established: 1987
  • Employees: 3 FT / 1 PT

Business Description

For over 30 tears this full service general repair facility has been providing quality repairs to the community and surrounding areas. Located in a nice size community in southern Minnesota, they have been able to build a very stable business with steady growth. This is a excellent acquisition for a new owner as this shop is staffed to run with little guidance.
THIS IS A VERY BANKABLE DEAL TO THE RIGHT BUYER!


Business Details

Primary Business Category: Retail Trade - Motor Vehicle & Parts
Location: Minnesota

Company Information

Year Established: 1987
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 3 FT / 1 PT

Financial Information

Asking Price: $445,000
Gross Revenue: $767,000
Cash Flow: $162,248
FF&E: $110,307
Inventory: $25,000
Real Estate: $275,000
Seller Financing Available: Yes

Property Information

Facilities:

This 4 bay shop can handle any repair. The 40X60 repair shop has three 2 post hoist and one alignment hoist. The facility is very well kept and has a additional 700 sq ft of customer area and office space. The land and building along with all the equipment are included in this opportunity.

Growth & expansion opportunities:

The business continues to grow so growth will likely continue with the operations remaining consistent with the current operation.

Competition:

There is a normal amount of competition in the area but after over 30 years they have built a very stable business that is here to stay.

Reason for selling:

The owners want to focus on their other business.

Support & Training:

Will train for 2 weeks @ $0 cost. A new owner should be mechanically inclined with a good business knowledge, but being a ASE certified technician would be perfect. This is a fully staffed operation!

Contact Business Seller

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Business Listed By:

David LaVoi

Murphy Business Brokers