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- RE: Est., Consistently Profitable Transmission Shop
- Contact: John Maslanik
Quick Facts
Asking Price: | $745,000 | |
Annual Revenue: | $1,068,251 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $203,672 | |
Total Debt: | Not Disclosed | |
FF&E: | $280,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 1966 | |
Employees: | 5 | |
BBN Listing #: | 994753 | |
Broker Reference #: | 7602-18992 |
Business Overview:
This Transmission Service Business has provided quality, efficient automotive repair service under only two owners since 1966. Family-owned and operated, an experienced staff works on both foreign and domestic, automatic and manual transmissions, and rebuild or replace: clutches, transfer cases, axles, mounts and flywheels, and whatever else your drive-line needs. The shop is an accredited member of the Better Business Bureau and a member of the Automatic Transmission Rebuilding Association. >>
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Property Features and Assets:
The business operates from fully equipped shops with storage areas, a small customer waiting area, and a business office. The facility has four overhead doors with access to six lifts and several overhead cranes, and 3 phase power. The 5,600 sq ft site includes paved customer parking and outside storage and sits conveniently on a major East-West commercial street in the southwest quadrant of the city. It comes complete with shelving, parts storage areas, machine tools, and six decades' worth of parts inventory and hand tools. There's room for expansion on the present site, providing a solid foundation for future growth.
Assets = $440,000
Market Competition and Expansion:
Competition is fair for this size of city, with 3 or 4 shops providing similar services. Repeat customers provide a business foundation with a growing list of referrals that come from a growing customer base as the city has attracted new residents from other parts of the country.
The business has consistently been profitable throughout its history and will grow with the growth of the community. The increased complexity of modern automobiles and the higher technical characteristics of their drive-lines will create future growth opportunities. Additionally, people tend to keep their vehicles longer and postpone the purchase of a new vehicle, leading to more maintenance of their existing vehicles.
Reason for Selling:
The owner wants to retire and devote more time to other interests. Kindly ask the seller for more information.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
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