Very Profitable Auto Repair Center/Towing Operation

Barron County, WI

Very Profitable Auto Repair Center/Towing Operation

Asking Price:$595,000

Cash Flow:$283,000

Gross Revenue:$1,331,797

EBITDA:N/A

FF&E:$201,000

Inventory:$20,000*

Real Estate:$195,000

Established:1987

*not included in asking price.

Very Profitable Auto Repair Center/Towing Operation

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Business Description

Very Profitable Auto Repair Center

This auto repair center and towing operation has a profitable fuel business but generates the bulk of its profits and cash flow from growing auto repair/maintenance and towing businesses. Fuel sales help drive customer traffic with repair/maintenance and towing segments making for strong profit.
Current owner has been profitable for 29 years of ownership and just had most profitable year of business in 2015.
Great location on major highway with easy access. Strong local customer base for maintenance. service and top towing service in market served.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
N/A
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
4 service bays, 6 fuel pumps and small convenience store with plenty of parking on corner lot (.75 acre) located on major highway in city. Plenty of parking for auto repair and towing businesses Operation is located on major US highway going through town with great visibility and ease of access.
Competition:
Top towing business in market and very profitable vehicle repair/maintenance business augmented with special fuel sales. Current owner has large loyal customer base (over 1,600) after 29 years in same location with excellent service reputation. Recently bought out only towing competitor in market. Great location with easy access on primary US highway.
Growth & Expansion:
Revenue growth opportunities for service, towing, and specialty fuel sales. Despite lower fuel revenues due to lower costs, gross margin up 7% over 2014; cash flow up 11% over 2014 to total year of $285,000. Over the past 2 years they have become dominant towing service in county. Opportunity to increase maintenance/repair business by expanding into 2 additional service bays.
Financing:
Seller will consider for well qualified buyer
Support & Training:
Will negotiate
Reason for Selling:
Retirement after owning for last 29 years

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Jim Barron

Business Listed By:
Jim Barron

Barr Group LLC

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