2 Auto Repair & Service Businesses (NS)

MN

2 Auto Repair & Service Businesses (NS)
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Asking Price: Get Financing: $3,300,000

Cash Flow: $474,025

Gross Revenue: $2,466,346

EBITDA: N/A

FF&E: $95,589

Inventory: $1,094,875

Real Estate: $2,000,000

Established: 1978

2 Auto Repair & Service Businesses (NS)

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Business Description

Auto Parts and Service Businesses. Adjusted net with one owner’s salary and fringes is almost $475,000. Price includes 2 buildings with an approximate value of $2,000,000 and inventory of $1,094,875. Inventory based on December 31, 2017 yearend balance sheet. Inventory number to change based on fiscal count at time of closing. This offering includes 2 businesses. One is strictly retail with $1,388,524 in sales; the other is a combination of retail parts sales and service $1,077,812 sales. Approximately $288,800 of that amount is for parts and service from the service department and the remainder being retail auto parts sales. Total sales for the 2 stores $2,466,346 which includes web site sales. Customers include many repeat do-it-yourselfers in an area that takes pride in DIY as well as auto repair shop customers at both stores. All the parts are picked up by the customers. They do not offer delivery service. Seller feels that by offering delivery service, it may increase sales. For more information, contact Nick Strandberg at Calhoun Companies at 952-564-3804.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
N/A
Employees:
21
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Support & Training:
Negotiable
Reason for Selling:
Retirement
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Calhoun Companies

Business Listed By:
Calhoun Companies

Calhoun Companies

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Sponsoring Broker:
Andy Kocemba

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