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- RE: Highly Rated Auto Repair-Growth Potential
- Contact: Darrel Damhof
Quick Facts
Asking Price: | $749,000 | |
Annual Revenue: | $201,272 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $91,978 | |
Total Debt: | Not Disclosed | |
FF&E: | $90,000 | |
Real Estate: | $560,000 | |
Year Established: | 1992 | |
Employees: | Not Disclosed | |
BBN Listing #: | 982678 | |
Broker Reference #: | 5101-18691 |
Business Overview:
This 4.9 CarFax rated auto & truck repair business has GREAT OPPORTUNITY FOR GROWTH as the owner has worked the business by himself on purpose despite having the room and equipment to have an additional 3 technicians utilizing the 7 available stalls. The business is located in a 4,475 square foot building with outside parking. The business has been in the same location for over 30 years and has a very loyal customer base. The right buyer should be able to significantly increase the revenue and profitability of the business by adding technicians and adding additional advertising including a website.
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Property Features and Assets:
The business is located in a local neighborhood of other businesses and homes. The 4,475 square foot building stands on a 8,750 square foot lot with 16 outside parking spots. The shop covers 4,250 square feet with room for 7 stalls for the technicians to work. The building is in good repair and equipped with 3 lifts and all the necessary equipment to repair trucks & autos. A new buyer has the room to add an additional 2 lifts in addition to more technicians.
Assets = $658,500
Market Competition and Expansion:
The are obviously other auto / truck repair businesses in the greater Twin Cities area.
The is GREAT OPPORTUNITY FOR GROWTH as the existing owner worked the business by himself despite having the room and customer base to a 3 more technicians and a service writer.
Reason for Selling:
The owner wishes to retire.Additional 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
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