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Wisconsin Business For Sale |
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| AUTO REPAIR SHOP |
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| Attn: Bill Busche |
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| Green Bay, WI, USA |
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| Asking Price: |
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$825,000 USD USA Dollars |
| Business for Sale Industry: |
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Auto & Mech: Services & Gas Stations |
| Reason for Selling: |
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Family Reasons |
| Year Established: |
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2000 |
| # of Employees: |
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6 |
| Yearly Revenues: |
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$607,440 |
| Yearly EBITDA: |
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$130,812 |
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Business for Sale Overview:
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PRICE REDUCED- This auto repair shop just north of Green Bay has seen its sales double since the current owners took over in May of 2000. The owners expanded it from a 4-bay shop to 6 bays and found some new customers through direct mailing. The business is positioned for further growth, being the largest shop and having the most up-to-date equipment in the area. It also has a great reputation and is known for its quick, quality service.
The shop is located in one of the fastest growing areas of Wisconsin and the property, which is on an interstate highway, has plenty of room for expanding the building. The owners are willing to stay on after the sale for up to a year to smooth the transition.
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Property Features and Assets:
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The facility is a 4,300 sq ft building on an interstate highway with six bays, office space, and storage. The building is a “maintenance free” structure made of steel and vinyl siding. The building is owned by the business and does not pay rent.
In order to normalize the cash flow of the company, adjustments will be made to deduct the interest and real estate taxes paid, and add a fair market rental rate. Fair market rent was estimated by the owners to be between $2,000 and $2,500 per month; for this adjustment, the average figure of $2,250 will be used.
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Additional Details:
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- The property is owned.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise opportunity.
- This is not a distressed business or bankruptcy situation.
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