60+ Year Established, 5 Bay Auto Repair Business & Building
Hennepin County, MN
| Asking Price: | $1,200,000 |
| Gross Revenue: | $973,526 |
| FF&E: | $40,000 |
| Established Year: | 1960 |
| Cash Flow: | $240,280 |
| Inventory: | $1,000 |
| Real Estate: | $400,000 |
Listing ID: 2269065Listing provided by BizBuySell
BUSINESS DESCRIPTION
Profitable Auto Repair Business, Premium Location on Large Corner Lot
For over 60 years this local, private brand has been a presence in the community with premium auto repair services. The current owner is retiring, which brings you the opportunity to own this long-established auto repair shop, with building! It features a premium location in the city on a fairly large, open lot with 25+ parking spaces, either for customer cars or could also be used for an auto fleet. The business features attractive SDE and is turn-key ready. Seller willing to consider Contract for Deed financing. More detail and full financials with signed NDA. Inquire today!
DETAILED INFORMATION
Location
Hennepin County, MN
Inventory
Not Included in asking price
Real Estate
Owned
Included in asking price
Building SF
2,278
Employees
6
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
2,278 S.F. building with 5 auto repair bays, waiting room with front office and customer greeting area. Includes two large capacity compressors, gas welding set-up and additional misc. equipment.
Growth & Expansion
Turn-key business with on going business with years of good will and decades-long repeat customer list. 5th repair bay currently un-used, so great potential for additional revenue / profit!
Financing
Contract for Deed with 20% or more down
Support & Training
Owner willing to train buyer and provide ongoing support for 2 months and longer time-frame being negotiable.
Reason for Selling
Retirement
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