Seller's Contact Information
- RE: Top Performing Specialty Transmission Shop
- Contact: Rick Carlson
- License #: 01820673
Quick Facts
Asking Price: | $350,000 | |
Annual Revenue: | $833,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $213,000 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2005 | |
Employees: | 4 | |
BBN Listing #: | 339827574 | |
Broker Reference #: | 1086 AUTO REPAIR |
Business Overview:
This successful business diagnoses and rebuilds automatic and manual transmissions as well as differential/gear work – opened in 2005. The Sellers have spent 15-plus years building a smoothly operating service center that provides a reliable and much-needed service to the community. Its 3-year nationwide warranty and commitment to jobs well done have paid off as the business has achieved more than $1 million in sales and has an excellent reputation in the small town.
The shop is turn-key. A Buyer will not have to do anything on day one to ensure the continuation of great work and build on the Seller’s success. FF&E includes 3 lifts, an air compressor, an overhead crane, a flywheel grinder, a forklift, benches, parts inventory, two 40-foot shipping containers, an on-site propane dispensary, computers & office supplies.
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Property Features and Assets:
The 3,000-square-foot space with 2 drive-thru bays and a loading dock rents for $2,400.00 per month. The shop is on the main street in town and a gated entrance leads into the spacious parking lot. The Sellers started the operation with the large, mostly vacant business and have invested a lot of time and money over the years making the space into a highly efficient space with the room and tools to do good work and keep customer cars on the road.
Market Competition and Expansion:
Competition: There is little competition in the area. A good reputation for honest work helps in a small town. Growth & Expansion: Hire another mechanic or two to increase capacity, update the website and look into area advertising opportunities to keep customers local. Add an EV mechanic and services.
Reason for Selling:
The partners are looking to hang up their wrenches.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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