Seller's Contact Information
- RE: Successful Central Iowa Transmission & Automotive
- Contact: 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 | |
Year Established: | 1983 | |
Employees: | 4 | |
BBN Listing #: | 8314955 | |
Broker Reference #: | 5004-16911 |
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 homebased business opportunity.
- This is not a franchise resale opportunity
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