Business For Sale

Las Vegas Auto and Transmission Shop

Las Vegas, NV
Clark County


Asking Price: Annual Revenue:
$180,000 $740,000

Automotive & Boats: Auto & Truck Repair & Service


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RE: Las Vegas Auto and Transmission Shop Broker: Jeff and Linda Nyman

Quick Facts

Asking Price: $180,000
Annual Revenue: $740,000
Net Profit: Not Disclosed
Cash Flow: $133,200
Total Debt: Not Disclosed
FF&E: $85,000
Real Estate: $1,550,000
Year Established: 1975
Employees: 9
BBN Listing #: 82855142
Broker Reference #: 101-15674

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Business Overview:

Business has been pre-qualified with a lender for financing with 20% down from buyer with good credit and background.

Well established independent transmission shop with full service auto repair. The seller is proud to say that the shop has a fantastic reputation for repair/building of transmissions. Opened in 1975 the shop has a long history and reputation of providing quality service. Primary services include Transmissions, Fuel Systems, Smog Checks, HVAC/Coolant Systems, Electrical Repairs,Oil Changes, Ignitions, and Batteries. The location is emission G-2 Rated which means they are State-Emissions Repair Approved! Currently the business is only open Monday through Friday; however seller believes that the business should be open on Saturdays which provides a great opportunity for an increased bottom line. 20+ Bays offer room for growth in our booming Las Vegas market. Seller does not actively participate in the shop day to day operation and is looking to retire. Seller has stated that the projected net income for 2018 is based upon the following three changes to the business: (1) Termination of one non-essential employee ($28,000); (2) Changing the pay plan from straight salary to a base plus commission ($16,000); and (3) Requiring service technicians to offer more basic services (instead of just performing the initial repair), which will result in a minimum of 20% increase in gross revenue with a correspondingly 10% increase in the net income of $15,000.00. Seller will explain changes in detail to qualified buyers. The real property that the business is located on is also available for purchase. Additionally, almost 500 apartment units have been recently built in the local area which has already started to bring in new customers.

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Property Features and Assets:

This is location is owned with square footage of 9,100. Seller is active in the business with 9 FT employees. Hours of operation are 7:30am – 5pm Mon-Fri. $2,000 in Inventory and $85,000 in FF&E included in Asking Price. NV Garage Keepers License Required.

Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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