Highly Rated Auto Repair-Growth Potential
Ramsey County, MN
| Asking Price: | $749,000 |
| Gross Revenue: | $201,272 |
| FF&E: | $90,000 |
| Established Year: | 1992 |
| Cash Flow: | $91,978 |
| Inventory: | $8,500 |
| Real Estate: | $560,000 |
Listing ID: 2315627Listing provided by BizBuySell
BUSINESS DESCRIPTION
This 4.9 CarFax rated auto & truck repair business has GREAT OPPORTUNITY FOR GROWTH as the owner has worked the business by himself on purpose despite having the room and equipment to have an additional 3 technicians utilizing the 7 available stalls. The business is located in a 4,475 square foot building with outside parking. The business has been in the same location for over 30 years and has a very loyal customer base. The right buyer should be able to significantly increase the revenue and profitability of the business by adding technicians and adding additional advertising including a website.
DETAILED INFORMATION
Location
Ramsey County, MN
Inventory
Included in asking price
Real Estate
Owned
Included in asking price
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The business is located in a local neighborhood of other businesses and homes. The 4,475 square foot building stands on a 8,750 square foot lot with 16 outside parking spots. The shop covers 4,250 square feet with room for 7 stalls for the technicians to work. The building is in good repair and equipped with 3 lifts and all the necessary equipment to repair trucks & autos. A new buyer has the room to add an additional 2 lifts in addition to more technicians.
Competition
The are obviously other auto / truck repair businesses in the greater Twin Cities area.
Growth & Expansion
The is GREAT OPPORTUNITY FOR GROWTH as the existing owner worked the business by himself despite having the room and customer base to a 3 more technicians and a service writer.
Support & Training
Will train for 4 weeks @ $0 cost.
Reason for Selling
The owner wishes to retire.
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