Established, Consistently Profitable Transmission Shop

Asking Price$745,000

Cash Flow
$203,672
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,068,251

Inventory$125,000
Included in asking price
FF&E$203,672
Included in asking price
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Established, Consistently Profitable Transmission Shop


Asking Price$745,000

Cash Flow
$203,672
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,068,251

Inventory$125,000
Included in asking price
FF&E$203,672
Included in asking price
Business Description
This Transmission Service Business has provided quality, efficient automotive repair service under only two owners since 1966. Family-owned and operated, an experienced staff works on both foreign and domestic, automatic and manual transmissions, and rebuild or replace: clutches, transfer cases, axles, mounts and flywheels, and whatever else your drive-line needs. The shop is an accredited member of the Better Business Bureau and a member of the Automatic Transmission Rebuilding Association.
About the Business
Years in Operation
59
Employees
5
Facilities & Assets
The business operates from fully equipped shops with storage areas, a small customer waiting area, and a business office. The facility has four overhead doors with access to six lifts and several overhead cranes, and 3 phase power. The 5,600 sq ft site includes paved customer parking and outside storage and sits conveniently on a major East-West commercial street in the southwest quadrant of the city. It comes complete with shelving, parts storage areas, machine tools, and six decades' worth of parts inventory and hand tools.
Market Outlook / Competition
Competition is fair for this size of city, with 3 or 4 shops providing similar services. Repeat customers provide a business foundation with a growing list of referrals that come from a growing customer base as the city has attracted new residents from other parts of the country.
Opportunities for Growth
The business has consistently been profitable throughout its history and will grow with the growth of the community. The increased complexity of modern automobiles and the higher technical characteristics of their drive-lines will create future growth opportunities. Additionally, people tend to keep their vehicles longer and postpone the purchase of a new vehicle, leading to more maintenance of their existing vehicles.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,900
About the Sale
Seller Motivation
The owner wants to retire and devote more time to other interests.
Transition Support
Will train for 24 weeks @ $0 cost.
Listing Info
ID
2390290
Listing Views
312

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Business Listed by: John Maslanik Murphy Business and Financial

Listing ID: 2390290 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.