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Business For Sale
AUTO REPAIR SHOP IN SMALL COLORADO TOWN
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Asking Price: |
$175,000
USD USA Dollars
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Business for Sale Industry: |
Auto & Mech: Services & Gas Stations
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Reason for Selling:
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Retirement. |
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Year Established:
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1974 |
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Yearly Revenues:
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$80,000 |
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Yearly Cash Flow:
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$25,000 |
Business for Sale Overview:
Located in a picturesque little town in northern Colorado near the Wyoming border this auto repair business is one of the central gathering spots for the entire community. The newly developed Cedar Creek Wind Project is right next-door and is going to insure new residential and commercial growth for this small town. The business has been at this location for several decades. Originally a service station the property was purged of all underground tanks during the last ownership exchange so the land is clean and since the building only occupies about 25% of the footprint, expansion can be easily accomplished. The property is located along an historic travel route and several historic buildings are nearby, but the new commercial development at the Wind Project make the location an interesting contrast between the past and the future.
Property Features and Assets:
Located in Grover, Colorado at 519 Chatoga Avenue zoned Commercial. Steel frame building was constructed in 1974 and improved by current owner who added skylights and restored overhead doors. Excellent condition with two lifts, tool area, and office section separated by door and interior window. Land is 25,250 square feet and building is approximately 1600 sq. ft. Facility has city water and sewer.
Market Competition and Expansion:
Competition: Virtually none at this location. Strengths: Only auto repair center in community. Small town, rural lifestyle.
Excellent piece of ground available for future expansion or possible placement of home. Consistent cash flow year after year. Opportunities: The owner doesn’t handle diesel so expansion of the existing customer base could be easily accomplished.
Additional Details:
- 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 resale opportunity.
- This is not a distressed business or bankruptcy situation.
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