Transmission Repair & Service
Location Utah,United States
Asking Price Range $250K - $500K
Gross Revenues $735670
Net Profit / Cash Flow $100555
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 1976
Number of Employees 10 - 19
Inventory 239122
Relocatable No
Number of Employees 10 - 19
Real Estate Owned
Training Negotiable as needed.
Reason for Sale Retirement.
Description This mainstay in the Utah automotive aftermarket has been in business for over 30 years, building a reputation for honest, expert service for automatic and standard transmission rebuild, repair and service for domestic and foreign cars, light trucks and RVs. They also service clutches and CV joints. In addition to strong retail sales and service, they enjoy a very good wholesale business with automotive repair shops all along the Wasatch front. They currently do not do any general automotive repair and a new owner might want to add that service.
The financial information is projected for 2009 based on the first six months of operations. A new salesman was recently hired to concentrate on the wholesale market and account retention. Along with the efficiencies associated with consolidating from 3 locations to one, the year-end numbers could very well exceed projections.
The seller owns the property and ideally would like to sell the real estate together with the business. This would make an attractive package for a potential buyer. The property is .63 acres with 9,446 square feet in 3 buildings and is being offered for $525,000. Asking price for the Transmission Repair & Service business only is $325,000 and for a qualified buyer, seller will finance $210,000.
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