Auto Repair & Restoration

Not Disclosed, MN


Asking Price: Annual Revenue:
$599,500 $517,071

Automotive & Boats: Auto & Truck Repair & Service


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RE: Auto Repair & Restoration Broker: David LaVoi

Quick Facts

Asking Price: $599,500
Annual Revenue: $517,071
Net Profit: Not Disclosed
Cash Flow: $37,145
Total Debt: Not Disclosed
FF&E: $81,800
Real Estate: $400,000
Year Established: 1983
Employees: 6
BBN Listing #: 26194955
Broker Reference #: 5105-13344

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Business Overview:

This business has been providing quality automotive and light truck repairs since 1983. They specialize in four wheel drive work and also offer vehicle accessories like snow plows, running boards and performance products to their customers. The business also does vehicle restoration work which draws customers from all over the state.
The owner wishes to retire and sell all the company assets which total over $700,000. This 4.5 acre site has multiple buildings which could be some could be re-purposed and it sits across from a very high traffic national retailer.

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Property Features and Assets:

This 4.5 acre site sits across from a very high traffic national retailer. There are multiple buildings on the site of which some could be re-purposed as desired. The vacant lot near this property is listed for $7./ sq ft with city services. This property currently does not have city services. Assets = $728,800

Market Competition and Expansion:

There is a normal amount of competition in the area. There will always be a demand for the repair business. A good business plan for growth would definitely make a difference.

Reason for Selling:

Retiring.

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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