2022 Revenue up 23%! Well-established, growing, profitable transmission shop in the Triad. The Company offers full-service transmission repairs, including rebuilds, in its fully equipped facility. This turnkey operation is an excellent opportunity for a new buyer to step into a growing and positive cash flow operation or for someone with automotive experience to take it to the next level. Currently run semi-absentee with a manager in place, the cash flow above represents the SDE for a full-time owner-operator.
- Asking Price:
- $775,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $978,811
- Cash Flow:
- $304,313
Property Information
- Real Estate:
-
Lease
- Premises Details:
-
This shop of approximately 5,500 square feet has 9 bays with a large builder room. The garage area is heated with gas heat. It has two large office areas, one for customers and one for management. Current lease through 2027.
Business Operation
- Expansion Potential:
-
There is an opportunity for significant growth including increasing outside sales, partnering with more used car lots, and adding hybrid battery capabilities.
- Competition / Market:
-
The Company successfully competes with other transmission shops in the area, including dealerships. They do this through a superior selling and service, along with a strong warranty.
- Reasons for selling:
-
Retiring.
- Trading hours:
-
Monday-Friday 8am-6pm
- Employees:
- 4 FT/1 PT
- Years established:
- 10
Other Information
- Support & training:
-
Will train for 4 weeks @ $0 cost.
- Financing available:
-
Lender pre-screened with $77,500 down.
- Furniture / Fixtures value:
- $65,000 - included in the asking price
- Inventory / Stock value:
- $7,500 - included in the asking price