Auto Transmission Repair
Location Virginia,United States
Asking Price Range $250K - $500K
Gross Revenues $550000
Net Profit / Cash Flow $120000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1990
Number of Employees 1 - 3
Inventory 125000
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training Yes
Reason for Sale Owner has other business
Description This transmission repair shop has been owned and operated by the same owner for 14 years. It is located in a prime spot in Alexandria, Virginia with 8,000 square feet of space and is within walking distance to two Metro (subway) stops. The owner relies primarily on referrals from his large client base to generate business. However, to supplement these referrals he also does some TV advertising on the local news channel. Because his shop is not a franchise, everything he earns, he keeps! He has seven lifts, all in good working order, and, if he wanted to, he could hire a couple more mechanics and double the output. He has an excellent reputation in the area and does quality work. Each of his mechanics would probably wish to stay on when the new owner takes over. The owner has another business approximately 80 miles from this one and needs to spend more time on that operation. This business is priced to sell at only 2.5 times Owner's Benefit. And the inventory, specified at $125,000, may be several times more! The owner just doesn't know. Contact for more information on this Auto Transmission Repair business for sale.
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