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- RE: 100% Seller Financed Diesel Repair
- Contact: Scott Hislop
Quick Facts
Asking Price: | $975,000 | |
Annual Revenue: | $647,652 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $187,546 | |
Total Debt: | Not Disclosed | |
FF&E: | $169,511 | |
Real Estate: | $575,000 | |
Year Established: | Not Disclosed | |
Employees: | 1 | |
BBN Listing #: | 949421 | |
Broker Reference #: | 17441-276769 |
Business Overview:
This niche diesel repair business is well known for their ongoing expertise and speedy service. This is especially crucial during specific seasons, such as planting and harvest, when timeliness is of the utmost importance to customers.
Due to their stellar reputation, this business has a substantial base of repeat customers and gets new customers every week! Additionally, they are a fully authorized service dealer of 6 Major Vendors.
The owner is willing to continue as an employee to facilitate customer and vendor relationships, and to leverage his expertise for new employee training.
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Property Features and Assets:
Facilities:Special use for this business.
Market Competition and Expansion:
Competition:Â There are relatively few competitors in the 5 state trade region, with significant miles between them. Customers typically seek inspections and repairs promptly. Proximity to is a key competitive advantage for customer service and convenience. While parts are offered directly to end users from online businesses, they do not offer the professional services, including diagnostics and installation, that customers often need.
Expansion:Â Current owners have not focused on growing the team. There is an opportunity for a new owner to expand the business by developing a hiring strategy, such as establishing internship or apprenticeship programs/offering on the job training. Historical business performance has been achieved with minimal local advertising. Expanded advertising would be expected to generate increased revenues.
Reason for Selling:
RetirementAdditional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Iowa businesses for sale
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