50 Year Auto Repair Business With Absentee Owner

Sale Pending

Asking Price$500,000

Cash Flow
$294,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,400,000

Inventory$250,000
Not included in asking price
FF&ENot Disclosed

Real Estate$1,200,000
Not included in asking price
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50 Year Auto Repair Business With Absentee Owner


Sale Pending

Asking Price$500,000

Cash Flow
$294,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,400,000

Inventory$250,000
Not included in asking price
FF&ENot Disclosed

Real Estate$1,200,000
Not included in asking price
Business Description
The company has been in business for more than 50 years and provides transmission and torque converter rebuilding and installation. In addition, the shop provides clutch service and other general transmission services. The shop provides fleet services for several major customers including municipal fleet vehicles.
About the Business
Years in Operation
55
Employees
8
Facilities & Assets
Building is located on major retail trade area and one of the most highly traveled roads in the city. 13,500sf of shop area and 1,968 sf of air conditioned office. Business is equipped with modern service equipment
Real Estate
Owned or Leased
Owned
Not included in asking price
Building Sq. Ft.
15,468
About the Sale
Seller Motivation
Retirement
Transition Support
Shop has a current general and shop manager, each willing to stay on with the business. The business owner travels significantly and is not involved in the day to day operation.
Listing Info
ID
2017641
Listing Views
4312
Attached DocumentsAttachment Disclaimer

Transmission shop IO_NO FINANCIALS.pdf


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Business Listed by: Shawn Todd Cressy Commercial

Listing ID: 2017641 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.