Listing Details:

  • Business Category:           Automotive
  • Price:                                   $399,000
  • Gross Revenue:                  $402,370
  • SDE:                                     $100,711
  • FF&E:                                   $95,850
  • Location:                             West Central MN
  • Reason For Sale:                Retirement
  • Employees:                         1
  • Support & Training:            1 Week
  • Non Compete:                     300 Miles for 5 Years
  • Years Owned:                      28
  • Real Estate:                         Yes- $200,000 included in sale

 

Business Description

Located in a busy West Central MN town on a major US highway, this well-established auto repair shop has a strong reputation and loyal customer base. The shop is fully equipped and has experienced staff. Offering immediate growth opportunities through expanded services, marketing, or adding weekend hours  – the profit potential keeps increasing.

Real Estate: $200,000 included in sale, 1.31 acres with 5000 sq ft building. Large parking lot with plenty of room.

 

Business History

Established in 1997, this trusted shop is known locally for honesty, integrity, and fair pricing. Fully equipped with the latest diagnostic equipment and 4 hoists (2 drive-on), it delivers top-tier service that keeps loyal customers coming back. Located in a busy town with several national companies and a large commuting workforce, there’s strong growth potential.

 

Competitive Analysis

With only four other repair shops in town, this shop stands out thanks to its experienced staff, strong reputation, and unwavering commitment to honesty, integrity, and fair pricing. Customers trust this shop for reliable service, making it a preferred choice in the market. A prime opportunity to turn wrenches into wealth.

 

Competitive Analysis

There is significant untapped potential, giving a new owner plenty of room to grow. The current owner is only charging $110 per hour for shop labor – offering an immediate opportunity to raise prices and instantly increase profitability. With no current online marketing presence, establishing a digital footprint could quickly boost visibility and attract new business. Expanding services – like adding tire sales and installations would increase average ticket value, while hiring a light-duty mechanic for oil changes, basic maintenance, and tire work would improve efficiency. A towing service could create a new revenue stream, and extending business hours would help capture even more demand and
increase profitability.

 

Operating Hours

Monday-Friday   8:00 am-5:00 pm

 

Number of Employees

Full Time: 1

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northstar@tworld.com

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+(888) 290-5232

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