Auto Repair Shop w/ Real Estate

Ramsey County

This full-service auto repair and self-service car wash business is located in a high-traffic area near a major highway and has built a reputation for fast, honest service. Two twin hoist bays, 1 drive on hoist, 2 offices and 4 self-service car wash stations. It serves a loyal base of repeat customers and walk-ins. The real estate is a part of the sale price, offering long-term control and added value. This is an opportunity for an owner-operator or investor seeking a solid business with a visible, accessible location.

Listing Number:

24729

Category:

Auto

Location:

Ramsey County
$1,600,000

Financial Information:

Gross Revenue:

$372,064

Listed Price:

$1,600,000

Down Payment:

$1,280,000

Total Income:

$171,340

Year Established:

2002

Lease Information:

Square Feet:

4152

Total Rent:

$0

Lease Expiration:

N/A

Lease Options:

N/A

Asset Information:

Leasehold Improvements:

$0

Equipment / Fixtures:

$75,000

Inventory:

$30,000

Other Assets:

N/A

Additional Information:

Full-Time Employees:

0

Part-Time Employees:

0

Special Licence Required:

N/A

Contract Staff:

0

Training Period:

1 month

Reason for Selling:

Retirement

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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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Auto Repair Shop w/ Real Estate
Ramsey County

Listing Number:

24729

Category:

Auto

Location:

Ramsey County

Listed Price:

$1,600,000
brokerPhoto
Joseph McKeown
Office: | Cell: (952) 356-9013
License #: 40913077
This full-service auto repair and self-service car wash business is located in a high-traffic area near a major highway and has built a reputation for fast, honest service. Two twin hoist bays, 1 drive on hoist, 2 offices and 4 self-service car wash stations. It serves a loyal base of repeat customers and walk-ins. The real estate is a part of the sale price, offering long-term control and added value. This is an opportunity for an owner-operator or investor seeking a solid business with a visible, accessible location.

Financial Information

Gross Revenue:

$372,064

Listed Price:

$1,600,000

Down Payment:

$1,280,000

Total Income:

$171,340

Year Established:

2002

Lease Information

Square Feet:

4152

Total Rent:

$0

Lease Expiration:

N/A

Lease Options:

N/A

Asset Information

Leasehold Improvements:

$0

Equipment / Fixtures:

$75,000

Inventory:

$30,000

Other Assets:

N/A

Additional Information

Full-Time Employees:

0

Part-Time Employees:

0

Special License Required:

N/A

Contract Staff:

0

Training Period:

1 month

Reason for Selling:

Retirement

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.