Details - Information last confirmed on June 1, 2021
Located in Eastern Iowa, the company specializes in rebuilding transmissions, major auto repairs, and simple maintenance services for all types of cars, light trucks, SUV’s, and vans. The Company additionally is licensed and offers used automotive sales. The company operates from a 2,000-square foot facility, which is owned with an option to purchase. With a corner block of street frontage, the facility contains a shop with 6 lifts. They have specialized automotive tools, diagnostic machines and repair equipment. The company has a proven track record, supported by its longstanding reputation it maintains with its customers. With its broad range of products and services, marketing efforts focus on targeting residents and commercial enterprises within a 40-mile radius. Revenues have been steady, over the past four years, due to a long-standing community reputation. Last year, the Company’s total revenue was $774,673 with discretionary earnings of $67,004. With a large customer base and solid reputation, the Company continues to attract new customers while maintaining its reputation with existing ones.
Listing includes Equipment of $130,000 and Inventory valued at $15,000 while Property valued at $300,000 is available for optional purchase outside of Asking Price.
Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.