Request More Information Contact the Seller
- RE: Legacy Business & Prime Commercial Property For Sa
- Contact: Shane Torres
Quick Facts
| Asking Price: | $800,000 | |
| Annual Revenue: | $597,510 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $43,980 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $225,000 | |
| Real Estate: | $75,000 | |
| Year Established: | 2005 | |
| Employees: | 4 | |
| BBN Listing #: | 990182 | |
| Broker Reference #: | 2359670 |
Business Overview:
A unique opportunity awaits to carry on the tradition of one of Cedar Falls’ most recognized and respected names in automotive service. L&M Transmission, a trusted provider of repairs, sales, and towing for decades, is now available for new ownership.
This well-established, fully operational business comes complete with everything needed to hit the ground running—no startup phase required. Situated on busy University Avenue, the property includes a prominent commercial building with five service bays, two gas pumps, all necessary equipment and tools, and a high-visibility billboard that generates strong annual income. The sale also includes the dealership license and a seasoned team of employees ready to support a smooth transition.
Whether you're expanding your automotive business or looking for a profitable turnkey operation with room to grow, this rare chance combines legacy, location, and long-term value.
$550,000 for the building and $250,000 for the business
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
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
Documents:
Relevant Links:
- View more Iowa businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
Request More Information
