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Las Vegas

  • Listing No.: 101-15674

  • Category: Auto

Asking Price $180,000
Down Payment
Gross Revenue $740,000
Total Adjusted Net Income $133,200
Equipment/Fixtures $85,000
Year Established
General Location Las Vegas
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Well established independent transmission shop with full service auto repair. The seller is proud to say that the shop has a fantastic reputation for repair/building of transmissions. Opened in 1975 the shop has a long history and reputation of providing quality service. Primary services include Transmissions, Fuel Systems, Smog Checks, HVAC/Coolant Systems, Electrical Repairs, Oil Changes, Ignitions, and Batteries. The location is emission G-2 Rated which means they are State-Emissions Repair Approved! Currently the business is only open Monday through Friday; however seller believes that the business should be open on Saturdays which provides a great opportunity for an increased bottom line. 20+ Bays offer room for growth in our booming Las Vegas market.  Seller does not actively participate in the shop day to day operation and is looking to retire. Seller has stated that the projected net income for 2018 is based upon the following three changes to the business: (1) Termination of one non-essential employee ($28,000); (2) Changing the pay plan from straight salary to a base plus commission ($16,000); and (3) Requiring service technicians to offer more basic services (instead of just performing the initial repair), which will result in a minimum of 20% increase in gross revenue with a correspondingly 10% increase in the net income of $15,000.00.  Seller will explain changes in detail to qualified buyers. The real property that the business is located on is also available for purchase. Additionally, almost 500 apartment units have been recently built in the local area which has already started to bring in new customers. Business has been pre-qualified with a lender for financing with 20% down from buyer with good credit and background. 

Gross Revenue $740,000 Listed Price $180,000
Total Income $133,200 Down Payment
Base Rent $0 Square Feet 9100
Total Rent $7,000 Lease Expiration
Rent Deposit $0 Lease Options
Inventory $2,000 Leasehold Improvements
Equipment/ Fixtures $85,000 Other Assets
Full-Time Employees 9 Training Period 30 days
Part-Time Employees 0 Special License Required NV Garage Keepers
Contract Staff 0 Reason for Selling Retirement

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.