Listing Details:

  • Business Category:      Automotive         
  • Price:                              $1,750,000
  • Gross Revenue:            $1,790,801
  • SDE:                               $263,351   
  • Seller Financing:           $175,000              
  • Location:                        NW MPLS Suburbs    
  • Employees:                    7 FT,  1 PT             
  • Support & Training:       6 Weeks      
  • Reason for Selling:        Retirement     
  • Non Compete:                         100 miles for 10 years

Business Description:

This very profitable and growing company has both a retail auto parts store and a multi-bay auto repair facility located close by. Included in the price is two commercial building on a busy road, both businesses and inventory.

History:

Started by the owner, this company has grown constantly for 18 years. Since starting, the store has built up a loyal following of both commercial and retail customers. In 2019 the owner spotted a need and opened a repair shop that has grown nicely to compliment the retail component of the business.

Competitive Analysis:

Located in a community with a population of over 6,000 and the nearest auto parts store over 20 minutes away gives the business a competitive advantage. However, the owner has consistently built the business by diversifying into also offering hardware store items as well as fishing tackle and bate. By starting the auto repair shop the owner was able to further diversify into the service trade.  

 

 

 

 

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