$349,900

Established, well known transmission repair center with outstanding reputation

Virginia/Norfolk
Financials
  • Price: $349,900
  • Gross Income: $519,426
  • Cash Flow: $168,000
  • FFE: $0
  • Inventory: $0
  • Real Estate Value: $0
  • Source Data:
About the Business
  • Listing ID: #1593
  • Year Established: 1970
  • Financing: Possible
  • Training:
  • Facilities:
  • Competition:
  • Growth:
  • Employees:

Property Descriptions

Established, well known transmission repair center with outstanding reputation. This business has been open in this same location since 1970 and has consistently had increasing revenues and strong cash flow. The owners are now ready to retire. In addition to the reputation that has been built over several decades, the new owners will have several features grand-fathered in to the deal which include a HUGE signage package right on the highway and on the building, an outside lift, and several on-site storage trailers. In addition to the transmission business, the current owner has a separate building with three bays leased out for automotive repair. New ownership will have the option of utilizing that space or continuing to use it as leased space. In addition, the location collects income from a billboard on property. This business offers the name recognition without having to pay any royalties. The low overhead needed for the transmission business allows the current owner to very substantial profit margins on an annual basis. For more information and to receive the NDA package, please contact Chris Settelen, (757) 544-0015 or by e-mail settelen@advancedbusinessbrokerage.com.

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Business Listed By

Frank Chebalo, CBI, ABI, CMSBB, CBC 4445 Corporation Lane, Virginia, Virginia Beach