This listing is for a successful, multi-faceted auto service business located in the southwest Chicago suburbs that is available to a qualified buyer. This business offers a buyer a yearly cash flow of over $300,000 and they specialize in transmission repair and replacement. Transmission work makes up the bulk of their business (80%). The remaining 20% of their business is achieved through towing service and a large number of auto repair services like engine repairs & replacement. The business features highly skilled technicians and transmission experts and they have been an established fixture in their marketplace with a large and loyal customer base for well over a decade. In addition to the strong yearly cash flow, a substantial sum of assets of over $2.5 million is to be transferred with the business sale. This includes their real estate that includes three parcels and is valued at $2,060,000. If you would like more information about this successful and profitable business, or if you would like to schedule a site visit, please contact the agent either online or by phone. Online inquiries will be replied to with an email from an address with an NDA attached. These can sometimes get filtered into junk/spam folders. If you do not hear back from us within 24 hours (weekdays), please contact the agent by phone.
- Asking Price:
- $6,900,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $1,034,852
- Cash Flow:
- $319,838
Property Information
- Real Estate:
-
Real Property Included
- Location:
-
Southwest Chicago Suburbs. Grundy County.
- Premises Details:
-
3,800 sq ft. building $750,000
4,800 sq ft transmission shop $650,000
5,000 sq ft home $660,000
- Size in square feet:
- 13,600
Business Operation
- Expansion Potential:
-
Add Auto Body Work, Increase Towing, Add New Services, Add Sales Staff
- Reasons for selling:
-
Retirement
- Employees:
- 7
- Years established:
- 26
Other Information
- Support & training:
-
Owner will train the buyer for 4 weeks at no cost.
- Furniture / Fixtures value:
- $133,000 - included in the asking price
- Inventory / Stock value:
- $725,000 - included in the asking price