Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Full Service Auto Repair $177,000 Cash Flow For Sale

Mankato, Minnesota
Asking Price:
$495,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,315,249 (USD)
Cash Flow:
$177,000 (USD)

This full service automotive repair shop is located near a busy retail intersection with high traffic counts and visibility. Property layout includes 6 bays with 2 scissor lifts and 3 hoists, above ground and underground storage, owner/manager office and customer reception area. This business has loyal clientele who rely on the company to take care of all their auto care needs. There are 5-8 technicians on staff with 3 ASE certified technicians. One of the owners is a technician who may agree to stay on with the new owner with a 1 year contract. Business has named a "Best of Mankato" award for their service. Lease is $5,000/month through December 31, 2020 with another 3 year option to renew. Building owner will consider sale of property. All equipment and inventory (current value $38,000) is included in the sale price.

2 working owner (one manager and one technician) net cash flow = $237,000
1 manager owner hires out technician at $60,000, net cash flow - $177,000

Property Information

Real Estate:

Lease

Lease Terms:

Lease is $5,000/month through December 31, 2020 with another 3 year option to renew. Building owner will consider sale of property.

Leasehold Rent:

$60,000 (USD) per annum

Location:

Greater Mankato Area near busy retail intersection

Size in square feet:
3,900

Business Operation

Reasons for selling:

Other business interests

Trading hours:

7:30am - 5:30pm M-F

Employees:
8

Other Information

Support & training:

One of the owners is a technician who may agree to stay on with the new owner with a 1 year contract. Other owner is marketing manager and will provide up to 30 days training.

Inventory / Stock value:
$38,000 (USD) - included in the asking price
Relocatable:
This business can be relocated.

Contact Information

  1. Optional
  2. Country

  1. Optional
  1. What will I receive?

    BusinessesForSale.com is committed to protecting your privacy. Ticking this box means you are consenting to us sending you marketing emails.

    You will receive newsletters, updates and offers about business and franchise opportunities. We will also send you information about related business and franchise events.

    You can change your mind at any time by clicking unsubscribe in the footer of our emails.

    Find out more about what we do with your information in our privacy policy.

By submitting this form, you confirm that you agree to our Terms and Conditions. Please note that BusinessesForSale.com will send the above details to Coldwell Banker Commercial Fisher Group. For more information about how we use your data, read our privacy policy.

Selling your business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Free Trial available.

Sell Your Business

Are you a Business Owner?

Set up your Private Seller Account and create your listing today

Get Started Here

Are you a Business Broker?

Set up your BrokerWeb Account and list multiple businesses

Get Started Here