Transmission Repair Business, Growing, Great Outlook

Anoka County, MN
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Asking Price:$725,000
Gross Revenue:$514,470
FF&E:$180,000
Established Year:1984
Cash Flow:$138,853
Inventory:$5,000
Real Estate:$375,000
BUSINESS DESCRIPTION

• Established Legacy: With a remarkable 39-year history, this automotive transmission business has solidified its position as a trusted industry leader. Benefit from its long-standing reputation for excellence and reliability, instantly gaining the trust and loyalty of a loyal customer base.

• Structured for Success: Operated as an S-Corp, this business is organized for optimal efficiency and financial stability. With a proven track record of success, you can step into ownership with confidence and embark on a profitable journey.

• Skilled Workforce: Enjoy the advantage of a highly experienced team consisting of two full-time employees. These automotive transmission experts bring their wealth of knowledge to the table, ensuring a seamless transition and the continued success of the business under new ownership.

• Prime Real Estate Included: This incredible opportunity comes with a 4,600 sq. ft. building located just 35 minutes from downtown Minneapolis. The property provides ample space for operations and secures a prime location within beautiful, thriving Anoka County. Real estate values have been growing at 7.2% YoY since 2021 and this high-demand location is sure to continue growing as the Minneapolis Metro area expands. This is a great location to enjoy the splendors of the environment with the convenience of a major metropolitan city. The business and the Real Estate are a packaged deal. No lease options.

• Impressive Financials: Unlock the potential for substantial returns on investment. This business boasts a cash flow of $138,000, showcasing its financial stability and profitability. With a gross revenue of $514,000, solid gross profit margins, and consistent growth trends—sales were up nearly 9% in 2022 and an astounding 30% in 2021—you can accelerate your profits from day one.

• Owner's Retirement: The reason for the sale is the current owner's desire to retire after dedicating 39 years to the business. Now, this incredible opportunity awaits a passionate and driven entrepreneur ready to steer it into an exciting future.

• Thriving Market Potential: The Automotive Transmission Market is experiencing rapid growth, driven by the increasing demand for fuel-efficient and high-performance vehicles. Furthermore, the market's expansion is fueled by the need for advanced technologies to meet emissions regulations. From passenger cars to trucks, buses, and off-road vehicles, the opportunities within this market are vast.

• Global Market Insights: The Global Automotive Transmission Market reached a valuation of USD 149,200 Million in 2021 and is projected to surge to USD 243,600 Million by 2030, growing at a CAGR of 5.8%. High demand for fuel-efficient vehicles, along with the rising popularity of electric and hybrid vehicles due to fuel prices and carbon emissions concerns, create a fertile ground for business success.

• Accelerating Trends: Stay ahead of the competition by tapping into the growing demand for automated manual transmissions (AMT) in commercial vehicles. These transmissions strike the perfect balance between performance and fuel economy, offering a competitive edge. Additionally, hybrid transmission systems, which combine traditional mechanical transmissions with electric motors for improved fuel efficiency, present exciting opportunities.


DETAILED INFORMATION
Location
Anoka County, MN
Inventory
Included in asking price
Real Estate
Owned
Included in asking price
Building SF
4,600
Employees
2
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
4600 sq. ft. building with 3 acres of land ready to expand.
Competition
Blaine Auto Care,Complete Auto Services,TT Transmissions.
Growth & Expansion
With 3 acres of land to build on all you need is a couple more employees to make this business flourish.
Support & Training
Will negotiate with buyer.
Reason for Selling
Retirement
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Jim
Shandorf
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Jim Shandorf