This Transmission Service Business has provided quality, efficient automotive repair service under only two owners since 1966. Family-owned and operated, an experienced staff works on both foreign and domestic, automatic and manual transmissions, and rebuild or replace: clutches, transfer cases, axles, mounts and flywheels, and whatever else your drive-line needs. The shop is an accredited member of the Better Business Bureau and a member of the Automatic Transmission Rebuilding Association.
- Asking Price:
- $649,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $1,068,251
- Cash Flow:
- $203,672
Property Information
- Real Estate:
-
Lease
- Premises Details:
-
The business operates from fully equipped shops with storage areas, a small customer waiting area, and a business office. The facility has four overhead doors with access to six lifts and several overhead cranes, and 3 phase power. The 5,600 sq ft site includes paved customer parking and outside storage and sits conveniently on a major East-West commercial street in the southwest quadrant of the city. It comes complete with shelving, parts storage areas, machine tools, and six decades' worth of parts inventory and hand tools. There's room for expansion on the present site, providing a solid foundation for future growth.
Business Operation
- Management type:
- This business is owner operated.
- Expansion Potential:
-
The business has consistently been profitable throughout its history and will grow with the growth of the community. The increased complexity of modern automobiles and the higher technical characteristics of their drive-lines will create future growth opportunities. Additionally, people tend to keep their vehicles longer and postpone the purchase of a new vehicle, leading to more maintenance of their existing vehicles.
- Competition / Market:
-
Competition is fair for this size of city, with 3 or 4 shops providing similar services. Repeat customers provide a business foundation with a growing list of referrals that come from a growing customer base as the city has attracted new residents from other parts of the country.
- Reasons for selling:
-
The owner wants to retire and devote more time to other interests.
- Trading hours:
-
Monday-Friday 8am-5:30pm
- Employees:
- 5 FT
- Years established:
- 59
Other Information
- Support & training:
-
Will train for 24 weeks @ $0 cost.
- Furniture / Fixtures value:
- $280,000 - included in the asking price
- Inventory / Stock value:
- $125,000 - included in the asking price
