L&M Transmission, Service, and Sales

Cedar Falls, IA
Asking Price:$995,000
FF&E:$255,000
Inventory:$75,000
Real Estate:$600,000
BUSINESS DESCRIPTION

Turnkey Service and Sales Business

Here is your chance to be a part of a business that has been a staple in the Cedar Falls for decades. L&M is looking for new ownership to continue its legacy. From transmissions, service, sales, and towing, they have done it all over the years. The sale of this turnkey business comes with the physical building located right on University Ave with two gas pumps, five bays, all the equipment, and assets onsite, employees eager to stay on with the new owners, and a giant billboard that brings in great yearly revenue. The dealers license comes with the sale of L&M. This opportunity doesn't come up everyday!


DETAILED INFORMATION
Location
Cedar Falls, IA
Inventory
Included in asking price
Real Estate
Owned
Included in asking price
Building SF
3,784
Employees
4
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Growth & Expansion
With the current owner being semi retired there is a huge upside for an owner operator to step in and grow this business with the current mechanics.
Reason for Selling
The Owner is retiring.

BUSINESS LOCATION
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Blake Keating
Blake Keating