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Asking Price: $600,000

Rice County Automotive Repair Shop for Sale

Not Disclosed, MN
Rice County

For sale is one of Southeast Minnesota's most trusted family auto care centers. Drawing customers from a 30 mile radius, the company provides comprehensive diagnostic, repair and maintenance services for cars and trucks. This business differentiates itself by offering exceptional customer service and competitive rates in a convenient location.Included in the asking price is the real estate (20 car parking and 3,500 square feet building, up to 8 stalls) located on a busy intersection in a growing community, all equipment needed to run the operation, and a normal amount of inventory. The company currently employs 3 full time techs and one full time office manager, in addition to the owner.Auto mechanics provide mechanical and electrical repair and maintenance for a variety of vehicles, including cars, trucks, vans and trailers. This industry has largely experienced healthy growth as the number of vehicles on the road has expanded, along with the average age of the vehicle fleet. The Auto Mechanics industry is anticipated to continue gradually recovering from setbacks experienced following the COVID-19 pandemic and experience steadier revenue growth. The industry will benefit from recovering economic conditions over the next five years, resulting in positive trends as rising consumer spending will encourage spending on repairs.- IBIS World

Cash Flow $150,538
Revenue $749,750
$ Owner Financing Available

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