Las Vegas Auto and Transmission Shop

Las Vegas, NV (Clark County)

Las Vegas Auto and Transmission Shop
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Asking Price: Get Financing: $180,000

Cash Flow: $133,200

Gross Revenue: $740,000

EBITDA: N/A

FF&E: $85,000

Inventory: $2,000

Real Estate: $1,550,000

Established: 1975

Las Vegas Auto and Transmission Shop

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Business Description

Hot New Listing!

Business has been pre-qualified with a lender for financing with 20% down from buyer with good credit and background.

Well established independent transmission shop with full service auto repair. The seller is proud to say that the shop has a fantastic reputation for repair/building of transmissions. Opened in 1975 the shop has a long history and reputation of providing quality service. Primary services include Transmissions, Fuel Systems, Smog Checks, HVAC/Coolant Systems, Electrical Repairs,Oil Changes, Ignitions, and Batteries. The location is emission G-2 Rated which means they are State-Emissions Repair Approved! Currently the business is only open Monday through Friday; however seller believes that the business should be open on Saturdays which provides a great opportunity for an increased bottom line. 20+ Bays offer room for growth in our booming Las Vegas market. Seller does not actively participate in the shop day to day operation and is looking to retire. Seller has stated that the projected net income for 2018 is based upon the following three changes to the business: (1) Termination of one non-essential employee ($28,000); (2) Changing the pay plan from straight salary to a base plus commission ($16,000); and (3) Requiring service technicians to offer more basic services (instead of just performing the initial repair), which will result in a minimum of 20% increase in gross revenue with a correspondingly 10% increase in the net income of $15,000.00. Seller will explain changes in detail to qualified buyers. The real property that the business is located on is also available for purchase. Additionally, almost 500 apartment units have been recently built in the local area which has already started to bring in new customers. For more information contact Listing Agent: Jeff Nyman - Phone# 702-368-2500

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
9,100
Employees:
9
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This is location is owned with square footage of 9,100. Seller is active in the business with 9 FT employees. Hours of operation are 7:30am – 5pm Mon-Fri. $2,000 in Inventory and $85,000 in FF&E included in Asking Price. NV Garage Keepers License Required.
Support & Training:
30 days
Reason for Selling:
Retirement
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(from currently available funds)
 
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Jeff & Linda Nyman

Business Listed By:
Jeff Nyman

First Choice Business Brokers

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