Popular North East Side Auto Repair Transmission

Grand Rapids, MI
Kent County

Grand Rapids Metro Area

Asking Price: Annual Revenue:
$1,500,000 Not Disclosed

Automotive & Boats: Auto & Truck Repair & Service

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RE: Popular North East Side Auto Repair Transmission Broker: Rob Anderson
License #: 6501395367
Owner Financing is Available!
Subject to credit approval

Quick Facts

Asking Price: $1,500,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1990
Employees: 8
BBN Listing #: 838460403
Broker Reference #: 2015-16

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Business Overview:

Business Description

Profitable Grand Rapids Area Transmission Auto Repair Business is located on the popular North East side of Grand Rapids, MI. This business is a full-service transmission repair facility for all makes and models of foreign and domestic vehicles, that has a strong history and commitment to quality service and workmanship.

The owner has updated all the shop equipment, computer system, and server, within the last two years. The cost of the upgrades was in excess of $275,000.00. The shop is state-of-the-art.

The services offered are:

• NO CHARGE Road Test
• NO CHARGE Hoist Check
• NO CHARGE Diagnostic Service
• Towing Available
• ASE Certified Technicians
• State Licensed
• Cars - Trucks - 4X4's
• Front Wheel Drives – Vans
• Coaches Motor - Homes Clutches
• Fly Wheels - U-Joints - Rear Ends
• Drive Shafts - CV Boots & Axle

Price (Business): Call Equity for details, Seller accepting offers.

This business was purchased in 1998, and he has successfully grown the business over the last 20 plus years to the ongoing enterprises it is today. The corporate structure of the business is as follows:

Detailed Information
Asking Price: Accepting Offers!
Gross Revenue: Historically, revenue $375,000.00
Established: Operating since 1998.
Inventory: The Inventory varies based on the season.
Real Estate: The real estate is owned by the present owners and available for sale.
Building SF and Year Built: Buildings are 5,500 square feet and built-in 1988. The average building story height is 16 feet, and the basement is 10 feet.
Employees: 3+/- employees.
Facilities: are in good condition at all facilities and updated to meet all requirements.
Competition: Traditional competition with multiple car dealers in the area.
Growth & Expansion: Open more hours, more aggressive advertising, sponsorship of local community events, and a hands-on owner/manager that will increase sales and reduce operational expenses. Add additional service technicians and add tire sales.
Support & Training: Owners want to ensure success for the new owner and are willing to support and train the original owners.

Reason for Selling: The owners are selling business retirement.

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Reason for Selling:


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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