Speed Shop...High Performance Transmission Shop For Sale

Business description

Do you like high performance automobiles? Been to a local 'Cruise Night' in Barrington, Crystal Lake or Libertyville? Seems like a lot of money goes into those beautiful high performance machines...and every year there seems to be more of them! This is an opportunity to purchase a turn-key high performance shop with a solid reputation for excellence and the ability to provide unique performance modifications...and unlike many speed shop 'wanna-bees' they have always guaranteed and delivered satisfaction! Please note that the price INCLUDES everything, even the owner's hand tools (recently valued at more than $20,000), making this a truly unique turn-key opportunity!

Property information

Lease terms:

The shop is located in a well managed business park along the main thoroughfare into & out of the park. The shop is outfitted with 2 twin-post hydraulic lifts (7Klbs & 7.5Klbs), steel benches, welders, jacks, flush machine...literally everything you'd need INCLUDING over $20,000 in hand tools! The 1,600 sq.ft. includes foyer, front office restroom and shop and rents for $1,075/mo. including taxes, and CAM.

Other information

Expansion potential:

The demand for services is always high, especially when the weather turns warm. Past experience has shown that adding another technician easily more than doubles revenues; however, there are also opportunities for leveraging the shop's reputation and client list into additional services and the retail sales of high performance accessories.

Competition / Market:

After more than 20 years in the high performance modification business, with a solid reputation for guaranteed performance and 15 years in its current location this business is so well-known, by referral it draws clients from out of State.

Support & training:

This is a well-known transmission shop with a solid reputation for unique high performance transmission modification. The owner understands the need for training and has agreed to provide a minimum of 30 days of on-site training and transition.

Reasons for selling:

Retirement

Furniture / Fixtures value:

$40,000 (included in the asking price)