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Businesses For Sale > Business For Sale in Southeast, Minnesota (MN)
Turnaround Auto Body and Mech Shop for sale in Southeast, MN
Southeast, Minnesota (MN)
| Asking Price: |
Gross: |
Cash Flow: |
| $ 475,000 |
$ 716,708 |
$ 15,616 |
Furniture and Fixtures Value:
$ 143,000 (included in the asking price)
Inventory Value:
$ 34,000 (included in the asking price)
Real Estate:
$ 399,000 (included in the asking price)
Business Summary:
Priced below tangible asset value the seller of this business is motivated to find a buyer! This business is not in or around the metro area. An established, full-service automotive repair and collision center in a stable Southeast Minnesota community is now available for purchase. With a legacy spanning over six decades, this enterprise has built a formidable local reputation, evidenced by high customer satisfaction ratings and an A+ Better Business Bureau standing. Operating as a convenient "one-stop shop," it offers a comprehensive suite of services including specialized auto body and collision repair, general mechanical maintenance, and tire services. The business utilizes modern equipment, such as computerized paint matching, and stands behind its work with a lifetime guarantee on paint and workmanship. These diversified operations are supported by an experienced technical team, ensuring proficient service across its offerings.This opportunity is particularly compelling due to a clear pathway for a significant turnaround and renewed growth. The business has experienced a slowdown, which the current owner attributes to past marketing and operational missteps. These factors present an excellent opportunity for new management to implement an "Under New Management" strategy, rebuild key relationships, and focus on consistent, quality service to drive increased customer traffic and revenue.The sale includes the real estate and all necessary assets to run the operation, providing a complete, turnkey acquisition. An incoming owner can leverage the business's deep community roots and established service model, capitalizing on the persistent demand from an aging vehicle fleet.With a motivated seller, this business is ready for new ownership!This asset sale combination would be a great startup opportunity for anybody wanting to get into automotive repair, automotive restoration, collision repair, automotive sales, Ag service, or motorcycle sales/service.
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| Year
Business was Established: 1961 |
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| Number of Employees:
2 FT |
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| Facilities / Terms of Lease:
The business operates from an approximately 7,000 facility which includes a reception area, break area, paint booth, and ample shop space. The price of the real estate is included in the asking price. |
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| Potential
Growth/Expansion:
The key areas for growth for this business primarily involve strategic technological investments and operational modernization. A new owner can significantly enhance profitability by investing in ADAS calibration and EV service capabilities, transforming the shop into a high-tech service center capable of capturing specialized, high-margin work and addressing current technology gaps. Implementing modern, cloud-based shop management software will streamline operations, boost efficiency, increase average repair order values through digital vehicle inspections (DVIs), and improve customer retention and transparency. Furthermore, there is an immediate opportunity to reinvigorate customer volume through an "Under New Management" advertising campaign, coupled with improved insurer relations and the aggressive pursuit of B2B fleet service contracts to establish stable, recurring revenue streams. |
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| Competition:
The automotive repair industry operates within a highly fragmented market, characterized by a multitude of independent repair shops, alongside franchised dealerships and national chains. This structure results in intense local rivalry, often leading to price-based competition for common services. Independent shops typically maintain a competitive edge by fostering deep, long-term relationships within their local community, contributing to a consumer perception of better value and higher trust compared to larger entities. |
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| Owner
willing to train:
Will train for 2 weeks @ $0 cost. |
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| Reason for selling:
Other interests. |
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Seller Reference Number: 5106-19067
BusinessMart.com Listing Number: 318240 |
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To request more information
on this business
please fill out the form shown right 
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For
more info contact:
Evelyn Correa
Murphy Business & Financial Services
727-725-7090
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