395000.00 $ Full Service Owner Managed Mechanics Shop Center City
- Location: Center City, Minnesota, United States
Full Service Owner Managed Mechanics Shop
Cash Flow:$82,500
Gross Revenue:$515,000
FF&E:$250,000
Inventory:$3,000
Established:1994
Business Description
22 year old Mechanic Shop with great potential and location
Here is a great opportunity to own a well established shop in a great location that is busy all the time. Currently the owner does the service writing and managing and only turns wrenches in an emergency. That makes this shop a perfect purchase for an owner manager that does not want to turn wrenches. Now if your a mechanic looking to own and work in the business then your cash flow will be even higher as your not paying an employee for what you turn yourself.
This shops business philosophy has been to operate by doing lots of work at a lower price instead of a little work at a higher price. This philosophy shows in the fact that they have 2 of every major tool they need and they run one tech one bay.
All techs are currently salary. And the shop has been so busy that the owner recruited a 4th tech to start in December.
Facilities:4 lift/Bay Facility, 4 overhead doors, large lot with ample parking. On a busy intersection with lots of traffic in an area that has significant development and growth planned in the near future. Building has lots of storage space, lobby and office. All tools and equipment transfer with business. Boxes and all.
Competition:This business is in a prime location with lots of traffic. They have many many repeat customers do to their current pricing. Owner has preferred to work in Bulk as a business philosophy and is usually stacked up 10-20 jobs deep all the time. Business has been in the same location with the current owner for 22 years.
Growth & Expansion:Bringing the current pricing even a little more in line with market averages could increase profit and income by 10-15% with little to no noticeable effect on customers.
Please go to http://www.nocoastbusinessadvisers.com/nda-form and fill out our online Non Disclosure. I will be in touch shortly after that.
Phone number ✆ +1 651-446-5317
Center City, Minnesota
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