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Successful Central Iowa Transmission & Automotive Repair For Sale

Not Disclosed, Iowa, US
Asking Price:
$1,100,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$841,736 (USD)
Cash Flow:
$167,402 (USD)

Profitable and well established transmission and auto repair shop. The business was established nearly 40 years ago and has a strong client base and brand recognition. Owner oversees the day-to-day operations of the business. New owner can look to grow revenue and product/service mix of the business. Owner receives ample rental income that is not reflected in the financials.

Property Information

Real Estate:

Real Property Included

Premises Details:

Facility is a standalone building (5,000 sq. ft.) located on a 0.84 acre parcel, providing room to expand the footprint of the building. The facility is very well maintained inside and out. The facility is under video surveillance and is surrounded by an 8' chain link fence that is locked. Interior of the building offers 2 offices, 2 restrooms, waiting room, breakroom, and an additional 2500 sq. ft. of storage on the second floor.

Business Operation

Expansion Potential:

New owner could look to expand the footprint of the facility and add additional techs and service/product offerings.

Competition / Market:

Direct and Indirect competition exists, but the business is well established with a strong following and great brand recognition.

Reasons for selling:

After 40 years in the business, the owner is looking to retire.

Trading hours:

Monday-Friday 7am-5pm

Employees:
3 FT/1 PT
Years established:
39

Other Information

Support & training:

Will train for 4 weeks @ $0 cost.

Outside of the typical state and federal business licenses, no additional or special skills are needed.

Furniture / Fixtures value:
$150,000 (USD) - included in the asking price
Inventory / Stock value:
$100,000 (USD) - included in the asking price
Relocatable:
This business can be relocated.

Contact Murphy Business & Financial

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