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Email: motivoweb@gmail.com

Transmission Repair Shop w/Real Estate

Transmission Repair Shop w/Real Estate

Oakland County

Listing#: C2668

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This is an excellent opportunity to own a transmission repair shop that has been established since 1982. The seller has decided to take the business and the real estate to market because of retirement. The business is located in a great area on a major road with great visibility and frontage. Additionally, the business is surrounded by dense residential neighborhoods. This shop is well known for specializing in transmission repair and most of the business is generated by word-of-mouth and repeat customers. The current owner does not do any other auto repairs except transmission repairs and replacement. All the equipment necessary to operate is included in the sale. The facility is 5,285 Sq. Feet located on 0.30 Acres. The business is being operated by the owner and two full-time employees. The current owner is motivated to sell so give us a call today to learn more about this great opportunity.

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Business Overview

Revenue $963,483
Cash Flow $115,941
Inventory $5,000 +/-
Year Established 1982
Seller Financing Yes
Employees 3FT 0PT
Asking Price $200,000
Key Statistics
  • Hours of Operation: Monday - Friday: 8 AM - 5 PM

  • Employees: 3 Full Time 0 Part Time

  • Year Established: 1982

  • Year Acquired: 1982

  • Liscence Required: Sales Tax & Auto Repair Facility

  • Seats: N/A

  • Parking: Ample

Financial Information
  • Gross Sales: $963,483

  • Source: Tax Returns

  • Cash Flow: $115,941

  • Source: Tax Returns

  • Inventory Value: $5

Seller Financing
  • Business Price: $200,000

  • Down Payment: $150,000

  • Monthly Payment: $580.54

  • Interest Rate: 7%

  • Amortization Period: 120

Real Estate Available for Purchase

  • Real Estate Price:500,000 (2 Parcels)

  • Purchase Terms: $150,000 Down-Payment, Balance Financed for 10 Years at 7%

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This information has been supplied to Broker, Capital Commercial Group, Inc. by seller or obtained from other sources. Broker has not and will not verify the accuracy of this information. Thus, Broker does not guarantee this information to be accurate. It is recommended that Purchaser independently verify the accuracy of this information with Purchaser`s councel.