Large (6 bay) Transmission Repair Shop
| Asking Price: | $350,000 | Inventory: | $15,000 ++ |
| Gross Revenue: | $520,000 (comments below) | Real Estate: | n/a |
| Cash Flow: | $125,000 (comments below) | FF&E: | $28,400 ++ |
| ++ included in the asking price ** not included in the asking price | |||
| Gross Revenue Comments: Directly from tax return. | |||
| Cash Flow Comments: per tax return | |||
The business, established for 20 years, installs, rebuilds, and repairs transmissions and related components. The shop is a large (6 bay) operation which services primarily wholesale customers (approx. 60), i.e., auto repair shops, car dealerships, and fleet accounts. Retail traffic is relatively small. The business has an excellent reputation in the area and has continued to grow and thrive over the years, even as other similar shops have been forced to close.
About the Business
Year Established:20
Employees:7 full time -
Relocatable:Yes
Facilities:The facility is a free-standing repair shop with 6 bays and on-site parking for 20 cars. Interior space is approximately 5,000sq.ft. Monthly rent is $5,800.
Market Outlook and Competition:The market for these services continues to be strong and growing each year. The wholsale customer base is strong and work from other repair shops, warranty work from car dealerships, etc. is steady. There is little competition in a 3-5 mile radius. A new owner could expand the geographical reach and significantly increase business by investing in a tow truck.
About the Sale
Reason For Selling:The owner wishes to spend more time with his family.
Seller Financing:Seller will finance up to one-third of the asking price to a qualified buyer.
KEYWORDS: auto repair, transmissions, auto, retail, nassau county, wholesale.
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