50 Year Auto Repair Business With Absentee Owner

St Joseph County, IN
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Sale Pending
Asking Price:$500,000
Gross Revenue:$1,400,000
Real Estate:$1,200,000
Cash Flow:$294,000
Inventory:$250,000
Established Year:1970
BUSINESS DESCRIPTION

The company has been in business for more than 50 years and provides transmission and torque converter rebuilding and installation. In addition, the shop provides clutch service and other general transmission services. The shop provides fleet services for several major customers including municipal fleet vehicles.


ATTACHED DOCUMENTS
Executive Summary w/NDA.pdf Download

DETAILED INFORMATION
Location
St Joseph County, IN
Inventory
Not Included in asking price
Real Estate
Owned
Building SF
15,468
Employees
8
Facilities
Building is located on major retail trade area and one of the most highly traveled roads in the city. 13,500sf of shop area and 1,968 sf of air conditioned office. Business is equipped with modern service equipment
Support & Training
Shop has a current general and shop manager, each willing to stay on with the business. The business owner travels significantly and is not involved in the day to day operation.
Reason for Selling
Retirement
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Shawn
Todd
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Shawn Todd