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10 Bay Auto Repair Shop in East Metro. Bank Financing in place

St. Paul-Minneapolis-Twin Cities, Minnesota, United States
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Asking Price$895,000
Revenue$951,119 Established1978
Cash Flow$293,829 Employees4 full-time
FF&E$111,400* FranchiseNo
Inventory$15,000* RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Business for Sale: 40 plus year old 8 hoist auto repair in the east suburbs. The shop has four very skilled technicians in place, two are cross trained to run the front of the shop. Seller overseas the business and handles the books and business management and is selling for retirement reasons. This could easily be a semi absentee business especially if you owned other shops.  A buyer does not need extensive auto repair experience, just able to manage a few people and help with handling management duties. Sales have been steady the last few years. There is no other auto repair business in town, so competition is very limited. It is a growing community with lots of new housing going up.  Everything is in place for someone to take it to the next level. The business has a very clean front of the house customer waiting area. Seller will help with the training and transition of a new buyer. Bank Financing is in place for 10 years with the SBA with only 10% down. For more details please call Matt Schroder at 651-288-1629
Seller Financing:Bank Financing
Sale Reason:Retirement
Ad #126231
Seller Reference #MINNEMN003-N2241
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