Very Profitable Transmission Service

Not Disclosed, IA

Asking Price: Annual Revenue:
$900,000 $1,839,436

Automotive & Boats: Auto & Truck Repair & Service

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RE: Very Profitable Transmission Service Broker: Michael Rooney

Quick Facts

Asking Price: $900,000
Annual Revenue: $1,839,436
Net Profit: Not Disclosed
Cash Flow: $1,072,316
Total Debt: Not Disclosed
FF&E: $125,000
Real Estate: Not Disclosed
Year Established: 1984
Employees: 5
BBN Listing #: 1944955
Broker Reference #: 5001-16842

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Business Overview:

Business is a well established Transmission repair shop. The business is highly profitable has been preapproved for financing by a couple of lenders. The mechanics are specialists in rebuilding and repair of all makes and models of cars and trucks.

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Property Features and Assets:

Business is run out of an owned building located on a very business road. The building has four service bays and warehouse space. Office space is adequate to operate the business and offer seating for "waiters". Additionally there is another building for storage and some service. Assets = $150,000.

Market Competition and Expansion:

Within the trade area are there are local as well as franchise transmission shops. OEM dealers in the area bring their work to the shop for rebuilding. Company is as busy as the current staffing can handle. The successful buyer should be able to grow the business with additional mechanics.

Reason for Selling:

Owner is Retiring.

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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