Business Description
Overview: This established and profitable six-bay auto repair business is located in a high-traffic South Metro location of the Twin Cities. With over 22 years of continuous operation and a loyal customer base, the company offers a turnkey opportunity for a new owner to step into a thriving business with proven performance. Room for growth. Business is closed at noon on Fridays and is not open on the weekends.
Business Details
- Established Reputation: Over two decades in operation with hundreds of repeat customers and strong community ties.
- Financial Performance (2024):
- Gross Sales: $657,385
- Owner Operator Cash Flow: ~$216,000 (with real estate ownership)
- Assets Included: Furniture, fixtures, and equipment valued at approximately $100,000.
- Real Estate: Available for purchase at $1,150,000.
- Asking Price (Business): $250,000
Seller may be open for financing with a minimum of $450,000 down.
REASON FOR SALE: Retirement
GROSS SALES: $657,385
CASH FLOW: $216,000
FACILITY: Two owned parcels with two stand-alone buildings totaling approximately 3,355 sq. ft. Purpose-built for efficient operations, parking, and traffic flow at a prime metro intersection.
EMPLOYEES: Staffed by three experienced full-time technicians. The current owner works approximately 28 hours per week, leaving room for either active or semi-absentee ownership.