Successful independent transmission shop and auto repair
Chicago, IL
| Asking Price: | $300,000 |
| Gross Revenue: | $980,000 |
| FF&E: | $75,000 |
| Established Year: | 1983 |
| Cash Flow: | $150,000 |
| Inventory: | $30,000 |
| Real Estate: | $600,000 |
Listing ID: 2280865Listing provided by BizBuySell
BUSINESS DESCRIPTION
This successful independent transmission shop has been in business for 40+ years and the owner is looking to retire. The business and real estate is also available to purchase or lease building. Strong customer recognition and outstanding reviews. Strong sales figures. Complete crew with turn key operation.
DETAILED INFORMATION
Location
Chicago, IL
Inventory
Included in asking price
Real Estate
Owned
Building SF
4,250
Employees
5
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
2 above ground lifts with 4 in ground lifts. Waiting room with customer counter and seperate office, 2nd floor office with employee changing and lunch area. Has street and alley access with 12' overhead doors.
Competition
No transmission shops within 4 miles of location. The transmission industry is strong with the transmissions being serviced by transmission specialty shops or OEM replacements at the dealerships as the complexity of transmissions requires specialty knowledge which is directing transmission repair to these type of facilities.
Growth & Expansion
General repair is limited as this is an avenue that could be expanded.
Financing
Will finance purchase of business with 50% down and finance real estate with 30%
Support & Training
Owner willing to stay on for 2 weeks after sale.
Reason for Selling
Retiring
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