Automotive Service & Transmission Repair
Location:
United States
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Colorado
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Colorado Springs
Industry: Auto Related > Auto Repair
Business Summary
PRICE REDUCED to $125,000!
The owner is extremely motivated to sell this well known shop in beautiful Colorado Springs. They provide full service automotive repair and have a reputation for honest work and quality service. In addition to general automotive repair, they are well known for their expertise in all facets of transmission diagnosis, repair and replacement. The business was established in 2001 and is operated from an approximately 3,700 square foot leased facility. The location is just off one of the most heavily traveled streets in the city. The lease is very reasonable and the landlord would entertain selling the building and land and carry for a new owner with a very reasonable down payment.
In the April edition of CNN Money, Auto repair shop sales grew 2.4% over the last 12 months while car dealership sales declined by 9.7%, according to Sageworks. Auto Repair is at the top of the list according to their 7 Industries That Are Still Making Money in a Recession. In the current economy, keeping and maintaining a vehicle is a must for most car owners. As fuel prices increase and new car sales decrease this business should see strong sales well into the future. They have an excellent web site and a strong repeat client base. Contact for more information on this Automotive Service and Transmission Repair business for sale.
Financials
Asking Price Range: < $250K
Gross Revenues:
$430,000
Cash Flow:
$75,819
Cash Flow Type: Sellers Discretionary Cash
Inventory: $110,000
Seller Financing: Yes
About The Business
Year Established: 2001
Number of Employees: 1 - 3
Relocatable: No
Franchise: Not Disclosed
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: Negotiable as required by purchaser.
Reason For Selling: Owner has other business obligations outside of this business that require his time on a full-time basis.
Click on the "I'm Interested" button above for more information on this Auto Related > Auto Repair business for sale.
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Print Listing Id: 700107984
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