Successful Central Iowa Transmission & Automotive

Not Disclosed, IA

Central Iowa

Asking Price: Annual Revenue:
$1,100,000 $841,736

Automotive & Boats: Auto & Truck Repair & Service

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RE: Successful Central Iowa Transmission & Automotive Broker: Rey Gonzales

Quick Facts

Asking Price: $1,100,000
Annual Revenue: $841,736
Net Profit: Not Disclosed
Cash Flow: $167,402
Total Debt: Not Disclosed
FF&E: $150,000
Real Estate: $700,000
Year Established: 1983
Employees: 4
BBN Listing #: 8314955
Broker Reference #: 5004-16911

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Business Overview:

Profitable and well established transmission and auto repair shop. The business was established nearly 40 years ago and has a strong client base and brand recognition. Owner oversees the day-to-day operations of the business. New owner can look to grow revenue and product/service mix of the business. Owner receives ample rental income that is not reflected in the financials.

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Property Features and Assets:

Facility is a standalone building (5,000 square feet) located on a 0.84 acre parcel, providing room to expand the footprint of the building. The facility is very well maintained inside and out. The facility is under video surveillance and is surrounded by an 8' chain link fence that is locked. Interior of the building offers 2 offices, 2 restrooms, waiting room, breakroom, and an additional 2,500 square feet of storage on the second floor. Assets = $950,000

Market Competition and Expansion:

Direct and Indirect competition exists, but the business is well established with a strong following and great brand recognition. New owner could look to expand the footprint of the facility and add additional techs and service/product offerings.

Reason for Selling:

Owner is looking to retire.

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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