Listing Details:

• Business Category:     Automotive
• Price:                                  $725,000 
  
• Gross Revenue:             $1,049,063
• Seller Financing:          $145,000
• SDE:                                   $243,077
  
• Location:                           Minneapolis Area
  
• Support & Training:    4 weeks 
• Reason for Selling:       Retirement 
• Non Compete:                300 miles, 3 years 
  

Business Description

Buy an established, profitable, and fully staffed auto repair business with an outstanding reputation.  Known for their quality workmanship and personal responsiveness with customers, this business has benefited from continuous referrals by loyal customers and related businesses within the industry. 

Services include:

Diagnostics, tires, oil changes, scheduled maintenance, air conditioning repair, cooling systems, brakes, suspension, alignments, drive train.  Authorized U-Haul dealership. 

Clients are typically within a 3 to 5 mile radius, this consistent business is ideal for an owner operator who wants to be their own boss and progress to semi-passive involvement.  This thriving business is also beneficial for an auto related business that intends to expand their reach through acquisition.

Business History

• Consistently profitable and healthy SDE and ROI  
• Located on an easy access high traffic road  
• Ample parking lot, storage, and work space  
• Long-standing vendor partnerships ensure continuous in stock position 
• Customers are made up of 20% new, 80% repeat  
• Referrals come from the repeat customers and website 
• 3 generations of customer history!  

Growth Potential

The buyer will be taking over a solid business with a great reputation, and can operate at current constant successful business levels within the trade area, while reinforcing relationships with established customers.  Expanding networking efforts, the services offered, and hours of operation, while escalating the online presence, will encourage growth.

Facilities

The equipment and inventory necessary to run this business are included in the sale.  High traffic street location with easy access for staff or clients.  The leased space includes a storefront for customer interaction.  Snow removal is the owner's responsibility.

Employees

The employees are reliable, fast-working, and loyal.

Owner Weekly Hours

Owner works 40 hours per week.