Business Listing

Turnkey Auto Repair Business and Real Estate for Sale

First time on the market! This profitable four-bay auto repair shop has built a loyal customer base by offering excellent service and quick turnaround times.

Conveniently located in the Lansing, MI metro market, this business has been serving the Lansing community since 1988. The business is situated on a busy street travelled by approximately 8,400 vehicles per day, not far from the State Capital and University. The business has provided decades of solid income for the owner. The business operates efficiently with the seller working full time in the business along with a team of three W-2 employees who do the repair work. One mechanic position is vacant at this time. The seller mananages front of house duties such as customer service, scheduling, and billing and also back office duties. Purchase price allocated to the business entity is $410,000.

The sale includes the building and the assets of the business including the customer list, brand, furniture, fixtures, equipment, and more as a turnkey operation. The $25,000/year amount shown on the financials for market rate rent can be added to SDE as available cash for debt service or buyer income.

Interested parties should submit a Non-Disclosure Agreeement to receive more information about the business.
Industry
Auto Related
Segment
Automotive Repair
Asking Price
$650,000.00
Ref ID
Established
0
# of Employees
2
Full Time Employees
2
Part Time Employees
0
Gross Revenue
$675,000.00
Cash Flow Type
Seller's Discretionary Earnings
Cash Flow
$192,000.00
Other Value
$0.00
FF&E
$0.00
AP/AR
$0.00
Real Estate in Asking
Yes
Inventory in Asking
No
Inventory
Additional, at cost
Equipment
Included in price of business. Value of the furniture, fixtures, and equipment to be determined.
Real Estate
Allocation of $225,000 is included in the list price.
Facilities
2,500 sf concrete block construction built in 1963. Well maintained facility with parking for 20 cars. Newer roof and furnace. City water and sewer. Four service bays with high ceilings and overhead doors.
Broker/Seller

Become a Sponsor


 

  • Dolinka
  • Miedema Asset Management
  • Applied EcoSystems
  • Become a Sponsor
  • Rhoades McKee
  • Foster Swift
  • Mercantile Bank
  • Tupelo
  • Environmental Consulting Solutions, LLC
  • Owners Outpost
  • Old National Bank