SW Metro Auto Repair Shop for Sale - 4 bays

Minnetonka

This auto repair business provides general automotive repair and maintenance services in a SW metro location and has been operating for approximately 18 years. The shop has developed a base of repeat customers and is supported by experienced staff. Services include routine maintenance and mechanical repairs for a variety of vehicle types. The facility is fully equipped to handle day to day operations. This opportunity is well suited for an owner operator seeking their first location or for an investor looking to acquire and grow an existing automotive service operation.

Listing Number:

25171

Category:

Auto

Location:

Minnetonka
$250,000

Financial Information:

Gross Revenue:

$379,304

Listed Price:

$250,000

Down Payment:

$225,000

Total Income:

$106,989

Year Established:

2008

Lease Information:

Square Feet:

3741

Total Rent:

$3,934

Lease Expiration:

05/2027

Lease Options:

N/A

Asset Information:

Leasehold Improvements:

$0

Equipment / Fixtures:

$50,000

Inventory:

$4,000

Other Assets:

N/A

Additional Information:

Full-Time Employees:

2

Part-Time Employees:

0

Special Licence Required:

N/A

Contract Staff:

0

Training Period:

4 weeks, 20 hours per week

Reason for Selling:

Doesn't have the time to run two different businesses.

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First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker, Terms of Use before responding to any ad.

brokerPhoto
Joseph McKeown
Office: | Cell: (952) 356-9013
License #: 40913077

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SW Metro Auto Repair Shop for Sale - 4 bays
Minnetonka

Listing Number:

25171

Category:

Auto

Location:

Minnetonka

Listed Price:

$250,000
brokerPhoto
Joseph McKeown
Office: | Cell: (952) 356-9013
License #: 40913077
This auto repair business provides general automotive repair and maintenance services in a SW metro location and has been operating for approximately 18 years. The shop has developed a base of repeat customers and is supported by experienced staff. Services include routine maintenance and mechanical repairs for a variety of vehicle types. The facility is fully equipped to handle day to day operations. This opportunity is well suited for an owner operator seeking their first location or for an investor looking to acquire and grow an existing automotive service operation.

Financial Information

Gross Revenue:

$379,304

Listed Price:

$250,000

Down Payment:

$225,000

Total Income:

$106,989

Year Established:

2008

Lease Information

Square Feet:

3741

Total Rent:

$3,934

Lease Expiration:

05/2027

Lease Options:

N/A

Asset Information

Leasehold Improvements:

$0

Equipment / Fixtures:

$50,000

Inventory:

$4,000

Other Assets:

N/A

Additional Information

Full-Time Employees:

2

Part-Time Employees:

0

Special License Required:

N/A

Contract Staff:

0

Training Period:

4 weeks, 20 hours per week

Reason for Selling:

Doesn't have the time to run two different businesses.

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker,
Terms of Use before responding to any ad.