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Northern Michigan Auto Repair and Trailer Sales

Rapid River, MI (Delta County)

Seller Financing Available
Northern Michigan Auto Repair and Trailer Sales
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Asking Price: $590,000

Cash Flow: $80,000

Gross Revenue: $640,000

EBITDA: N/A

FF&E: $40,000

Inventory: $135,000*

Real Estate: N/A

Established: N/A

*not included in asking price.

Northern Michigan Auto Repair and Trailer Sales

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Business Description

Motivated Seller

Motivated seller ready to retire. Have you been looking for a business in the upper peninsula of Michigan? Here is your chance to own a business with multiple revenues; Auto Repair, Auto Sales (dealer licensed for new, used and salvage, also bonded), towing (would need to purchase a tow truck), trailer sales and more. Price includes 15 acres, 840 sf apartment, two repair buildings that are 80 x 30 and 48 x 90. Total sales run between 600-750k per year. Owner is currently managing the business with three technicians. There was a body shop but needs a paint booth if reopened. The asking price of $590,000.00 includes business, FF&E and property. Owner will consider land contract. Contact Mike for more information: MLimbers@Tworld.com

Detailed Information

Location:
Rapid River, MI
Inventory:
Not included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
N/A
Employees:
5
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Growth & Expansion:
add salvage yard or storage units
Support & Training:
2 weeks
Reason for Selling:
retiring
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Contact the Seller

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Mike Limbers, CBI

Business Listed By:
Mike Limbers

TRANSWORLD BUSINESS ADVISORS

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers.

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