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Established Auto Repair Shop For Sale

Minnehaha County, South Dakota, US
Asking Price:
$1,879,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,006,296
Cash Flow:
$218,932

For almost two decades, this Auto Repair and Tire Shop has established a quality reputation for quality work and excellent customer service. The owner currently oversees the business, but has staff that handle customers and scheduling, and a full crew in the shop. Seller also owns the Real Estate that houses the business, and keeps the building and shop in great shape. The real estate is offered for sale, with the price included in the asking price. Seller is looking for a buyer who can continue to serve the existing customer base and take the business to the next level.

Property Information

Real Estate:

Real Property Included

Premises Details:

The business is housed in a stand alone commercial building approximately 9,000 square feet, with several overhead doors, a large parking lot, with quality visibility and location. Seller owns the building and is looking to sell it, price of real estate is included in the asking price.

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

Going forward, a new owner can look to add personnel to maximize the earning power of the facility. Potential also exists in subleasing extra space in the building/real estate.

Competition / Market:

The business has plenty of direct and in-direct competition, but over almost two decades, the business has built a large customer base that will continue to trade with the business.

Reasons for selling:

Owner looking to retire.

Trading hours:

Monday-Friday 8am-5pm

Employees:
6 FT
Years established:
15

Other Information

Support & training:

Will train for 3 weeks @ $0 cost.

Furniture / Fixtures value:
$200,000 - included in the asking price
Inventory / Stock value:
$25,000 - included in the asking price