Auto Repair, Transmission Repair, And Salvage Yard

Business Overview:

Very successful family owned and operated transmission repair shop, general automotive repair shop, automotive engine rebuild or exchange, drive-line service, cooling service, air conditioning service, auto salvage and used auto parts sales business. The business is offered for $1,100,000 which includes over $620,000 of cataloged new and used parts inventory and over $308,000 Furniture, Fixtures and Shop equipment. The Sellers wish to sell the real estate valued at $850,000 with the business for a package price of $1,950,000, turn-key.

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Property Features and Assets:

The Business is housed in a 8,000 square feet red iron steel building on a fenced and secure commercial zoned, 3.34 acre lot on the main highway just north of town with easy access, ample customer parking, separate employee parking, four overhead doors, four heavy duty lifts, grease basin, city water, sewer and natural gas available, administrative office, parts and service counter, parts inventory warehouse, service technicians office / library and service bays with two overhead lifts, two drive on lifts and one general service bay with floor jacks. The second lot is 3.95 acres, fenced and secure, with a raised steel platform for draining fluids from salvage vehicles, a disassembly area, concrete work pad, city water tap, electricity and sewer. No buildings on the storage lot. All specifications are subject to Buyers verification. Assets = $1,778,000

Market Competition and Expansion:

This business holds a great advantage over the local competition due to their reputation and long presence in the community. For decades, the owners have taken care of their automotive repair customers. The business has gained a reputation in transmission repair, rebuild and exchange. The business rebuilds transmissions for other repair facilities in the area and holds a stellar reputation for quality and standing behind their work. The business also owns and operates an automobile salvage yard. The business is allied with other salvage companies through Solera / Hollander Parts Interchange and sells used parts nationally through the Interchange network. Anyone familiar with salvage knows that it is a highly profitable and steady business. Great potential for growth. The owners of the business will tell a Buyer that they have been on cruise control for the last couple of years. They like their customers, enjoy taking care of them and are content with the current business. A new owner can supercharge this business and immediately expand the repair side of the business as well as the salvage part sales.

Reason for Selling:

The owners are ready to retire.

Additional Details:

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