Long Standing Auto Repair Service. Price Reduced!

MN

Seller Financing Available
Long Standing Auto Repair Service. Price Reduced!

Asking Price:$425,000

Cash Flow:$116,927

Gross Revenue:$316,195

EBITDA:N/A

FF&E:$116,010

Inventory:N/A

Real Estate:N/A

Established:1999

Long Standing Auto Repair Service. Price Reduced!

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Business Description

Every Car and Truck Needs To See Me Regularly!

Consistently profitable auto mechanic business with strong community reputation for integrity, honesty, fairness, and keeping customers' needs first. Business has grown to the point of being booked over two weeks in advance. This business is well known for mechanical proficiency and special expertise in auto electronics. Recurring revenue from long standing, repeat customers supports the long term viability and potential.

Detailed Information

Real Estate:
Owned
Building SF:
2,400
Employees:
1
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Business has been at its current location since 2000, when the building was purchased and the business name was changed to include the LLC. The customer base steadily grew through 2010, when the owner hired a talented and caring technician who has been integral to continued business growth. This technician is interested in continued involvement with management responsibilities after the sale.
Competition:
Several independent and dealer mechanics within the trade area, but all play nicely together and help each other during peak service needs. Abundance of demand in the area. The owner and service tech probably get more hugs from satisfied customers than the competition!
Growth & Expansion:
Facility can accomodate 50% - 100% growth as is. Expected easy growth with additional technician staffing and / or expanded hours and advertising.
Financing:
305000.00
Support & Training:
4 weeks
Reason for Selling:
retiring

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Scott Hislop

Business Listed By:
Scott Hislop

Transworld Business Advisors of Minnesota

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