Auto Repair Business WITH Real Estate in MPLS

Not Disclosed, MN
Hennepin County

Asking Price: Annual Revenue:
$295,000 $220,958

Automotive & Boats: Auto & Truck Repair & Service

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RE: Auto Repair Business WITH Real Estate in MPLS Broker: Nick Strandberg

Quick Facts

Asking Price: $295,000
Annual Revenue: $220,958
Net Profit: Not Disclosed
Cash Flow: $101,479
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: $219,500
Year Established: 33
Employees: Not Disclosed
BBN Listing #: 358028483
Broker Reference #: 10669 NS

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Business Overview:

REAL ESTATE is included in the price. SBA Financing available to Qualified Buyer. ATTENTION EXPERIENCED MECHANICS: Large Service Orders - Repeat Customers! This is currently a one-person operation with sales almost $221,000 in 2018 with Adjusted Net of about $101,479. A 3-Bay Auto Repair Building which is very clean and well maintained. Hennepin County's Market Value is $219,500 so for $76,500 more, you get the business. Total Price $295,000. Current zoning is C1/Neighborhood Commercial District. Current automotive use is grandfathered in. Convenient corner location in well-traveled shopping area. Buyer to assume pending specials of approximately $12,500. For further information, call Nick Strandberg.

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Reason for Selling:

Other interests

Additional Details:

  • The property is owned.
  • The owner is not 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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