Automotive General Repair

Not Disclosed, MN
Hennepin County

Hennepin County

Asking Price: Annual Revenue:
$99,500 $332,212

Automotive & Boats: Auto & Truck Repair & Service

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RE: Automotive General Repair Broker: David LaVoi

Quick Facts

Asking Price: $99,500
Annual Revenue: $332,212
Net Profit: Not Disclosed
Cash Flow: $68,783
Total Debt: Not Disclosed
FF&E: $21,230
Real Estate: Not Disclosed
Year Established: 1992
Employees: Not Disclosed
BBN Listing #: 25744955
Broker Reference #: 5105-13674

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Business Overview:

This business started providing quality service in 1994 and expanded into their current four bay facility in 2005. The business has been very stable due to quality workmanship and superior customer service. The business does complete general repair on foreign and domestic cars and light trucks. They do not do tires or alignments. The business is located in a high growth area so this is a excellent acquisition for a over staffed operation or a start up partnership.

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Property Features and Assets:

This 4 bay repair shop has three hoist and one flat bay. It is located in a mechanical repair strip mall. There are no competing businesses in the building. Assets = $22,730

Market Competition and Expansion:

There is normal competition in the area. There is a consistent customer base in place that will keep at least one technician very busy as the current owner will transition out slowly. Continuing the high quality workmanship and keeping quality technicians in place will ensure a strong stable business. This high growth area will ensure business growth as well.

Reason for Selling:

Peruse other interests.

Additional Details:

  • The property is leased.
  • 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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