Gebhart's Collision Center
Auto Body and Towing Shop
For Sale 
Askov, Minnesota
 

This is a highly reputable well established collision center and towing business. Services include complete auto repair and paint, oil and lube service, auto glass repair, towing, light mechanical, tire sales etc. On the property is a 7,800 square foot building that houses the business. There is an impound lot and also a 1,872 square foot completely remodeled home with a two car garage and garden shed. Also included is all the equipment, vehicles (2 tow trucks etc.) and inventory. There are no negatives with this business. This turn key operation is an excellent opportunity for a motivated hands on owner operator to make real money.

For additional photos click here.

PRICE AND TERMS

ASKING PRICE:   

$625,000

SALE STRUCTURE:   

All Cash - New Loan

FINANCING:   

many local lenders are willing to finance this thriving business opportunity. 20-30% down required by most Interested Lenders - Possible Down Payment Assistance

PROPERTY INFORMATION

Location: Close to busy Interstate I-35.  Halfway between Minneapolis and Duluth (click here for a map)
Address 62191 Highway 23, Askov, MN 55704
Property Size: Extra large lot!  Approximately 4 acres allowing room for further expansion
Shop Size: 6780 sq ft. (click here for more information and pictures)
Impound: Yes
Living Quarters: Yes - 1872 sq ft house, completely remodeled (click here for more information and pictures)
Construction Type Shop: Stick built with white steel inside, green steel outside
Construction Type Home: Stick built with vinyl siding
Year (s) Built: Shop 1994  -  Home 1980
fill fill
Recent Renovations: $211,570.64 spent on Capital Improvements since July 2002 details available upon request
Main Source of Business: towing, car repair, body work,
Business Generators: I-35 Corridor, trucking and logging companies, two car dealerships, east central school district, local patrons and more.
Competition: no immediate
Common Area Amenities: Break Room, Customer waiting area inside and outside
Equipment: all the equipment, including, but not limited to, two tow trucks and inventory, 4 post hoist, frame rack and many other shop necessary equipment (click here for a complete list)
Inventory: Included (click here for a complete list)
Employees: 2 full time, 4 part time 
Comments: Fantastic Business! Well established. Independent. Very Profitable.
How to Contact: Do not contact property direct, send email to: info@gebhartcollision.com for any questions and further information.
Special Notes: All interested parties will be requested to evidence financial capacity to purchase prior to showing!
Additional Information: coming soon

VALUATION PARAMETERS

Revenue Year: 2007
Total Revenue Automotive Business: $681,000

Cash on Cash Return:

179% (with 20% down)

Cap Rate:

36%

Hard Operating Expenses:

$240,926.00

Net Income Before Tax and Principal:

$224,074.00
FF&E:  Furniture, fixtures and equipment that will remain with the business. $100,000 (included in the asking price)
Inventory: $10,000 (included in the asking price)
Real Estate: $425,000 (included in the asking price)

Net Income Before Tax and Principal:

$224,074.00

see a more detailed list by clicking here

Click here to figure your monthly payments on a loan.


COMMENTS: Fantastic Business! Independent. Very Profitable.

There are no negatives with this property. It really all depends on you and how you run the business. Use common sense and look at the bottom line! This is an excellent opportunity for a motivated hands on owner operator to make real money.

 
 
Thank you for looking
click here to return to the top of the page
 
 
 

 

 

********

click here to return to the top of the page

********

 

© Gebhart Collision, Askov. MN

 

 

 

 

 

 

 

 

p

eXTReMe Tracker

 

 

 

 

 

 

 

 

 

Sellers Notes:

Auto Body Repair And Towing Business - this automotive collision repair business is for sale by owner. Information about this Towing & Wrecker Service for Sale by Owner, including the body shop equipment, is for auto body professionals or starter business or small family business, home based business people, looking for a auto body repair shop for sale by owner or auto body repair shop for sale by owner only. For real estate agents, nationwide body shop locator services and many automotive links are available online.

If you are interested in Collision Repair, or like the Collision Industry, like to work with Auto body repair products, automotive tools and equipment, this family business, small business, or home based automotive repair shop for sale by owner is for you. it includes all necessary auto body supplies and body shop equipment you need to do auto repair, collision, car refinishing, body repair, dent removal and much more. The signs, hose reels, painting tools and automotive supplies, the spot welds and windshield tools and tram gauges. The collision services provided include truck repair, towing and wrecker service as well as car repair shop tools or auto shop repair. This is the Towing & Wrecker Service for Sale by Owner, Auto body repair business for Sale by Owner or your auto body repair shop for sale by owner you where looking for. You can fix cars, sell automotive supplies, so estimating an estimate valuate an do car painting, in a downdraft paint booth. Again, shop tools needed for collision repair, automotive collision repair or auto body repair are included in this automotive repair business for sale by owner. the body shop for sale has been successful in body repair, auto body workshop. The auto body business for sale by owner does crash repair and dent repair, all the automotive refinishing and auto paint in the body shop. This auto body repair shop for sale by owner is now on the market. The tow truck is for sale, actually not only one - all tow trucks are for sale by owner.

This Body shop does collision repair, car and autobody repair as well as automotive service. vehicle towing for body repair in the autobody shop is done on a wreck or accident. dent removal is also done.

BE YOUR OWN BOSS!!! Busy shop doing autobody or auto body, towing, glass & Reflex spray in bedliners or bed liners. Closes competition 12 miles away. House with detached garage on property recently remodeled. Also fenced in impound lot, and paved driveway and customer parking. Room for expansion on shop or home.  We are just 12 miles north of Hinckley, MN and 60 miles south of Duluth, MN. House is rented and two bays in shop are rented to delivery company at night to park their delivery trucks in. Excellent extra income without any work. Business is being sold as a turn key operation, 2 tow trucks, tools, supplies, booth, frame rack, 4 post hoist, property value $425,000  welder, office computers, etc.

Date Posted: 10/29/2007
Comments: Turn key autobody, towing and light mechanical shop. Includes newly remodeled home with detached garage, paved driveway and parking, fenced impound lot all located on 4 acres. Plenty of room for future expansion. 2 year old down draft booth with air make up, two post 360 frame rack, four post hoist. Large custom mix room with stainless shelves and counters. Two Keiser screw air compressors and both of the tow trucks and many other tools and equipment. You can view the full list of equipment at our website. our financials and photos are also on the website. Family owned and operated, my wife and I currently run the office and the kids come after school to help clean. All set up for you and your family to step in and take over. Willing to stay for a smooth transition period. We started business from scratch and want to see it continue to flourish.

This page does not provide a large online selection of towing services for sale by owner and auto body repair shops for sale by owner. It is a family business, a small business that is home based. Information on the tow truck and the tow trucks for sale by owner are available. The towing business is included in the offered Towing & Wrecker Service for Sale by Owner. Towing and wrecker service for sale by owner includes the real estate, the body shop, the paint booth and towing and wrecker service supplies. the home for sale by owner is next to the wrecker service, where the wrecker service is for sale, and towing businesses for sale. It is a prosperous business for sale. This automotive business for sale by owner is in the Midwest. Very good automotive business opportunities in Askov, Minnesota are hard to find. Do some windshield repair and repair windshields. This page about the automotive business for sale by owner is not a franchise resource. Contact business broker Günter Zinkhan 320-838-3094 for your business opportunity. Business opportunities like this are rare in Minnesota. By owning a auto and truck repair shop, you do auto and truck repair, repair trucks in your own truck repair shop. This truck repair shop for sale by owner is not a full service station for sale by owner in Minnesota. The service this station provides the towing service for sale by owner for Askov, Finlayson, Sandstone, Hinckley and surrounding areas. This investment, a lucrative investment and business venture in the automotive industry, is for people who are looking for auto body repair shops for sale by owner, auto body repair shops for sale, auto body repair shops with a home for sale by owner in the Midwest. Günter Zinkhan updated this page on November 05, 2007, google
Sept 22, 2007 02:33:19 GMT - Sept 25, 2007 15:18:41 GMT; 21 Oct 2007 00:17:33 GMT;  Nov 2, 2007 20:57:28 GMT.

not found on Sunday 28.10.

Return to top of page