Description
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.
Get More InfoBusiness 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
Location
- Real Estate Price:500,000 (2 Parcels)
- Purchase Terms: $150,000 Down-Payment, Balance Financed for 10 Years at 7%
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Disclaimer
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.