Non-Disclosure & Confidentiality Agreement Link
Location: Two locations in Eastern Iowa
Established: 1965
2023 Gross Sales: $3,024,000
2023 SDE $379,000
2023 EBITDA $274,000
2022 Gross Sales: $3,525,000
2022 SDE: $689,000
2022 EBITDA: $573,000
2021 Gross Sales: $3,040,000
2021 SDE: $773,000
2021 EBITDA: $657,000
*NEW Minimum Business Asking Price: $2,500,000
- Business price Includes equipment acquired for $1MM+
- Includes $35,000 in inventory
- *Price reduced from $3.5MM due to recently divesting towing division
Business Summary
A full-service automotive repair shop with two locations offering a comprehensive list of auto repair services ranging from tire repair to engine repair. The business also manages repairs and maintenance for commercial fleets and recreational vehicles.
Staffing: 24 FT, 1 PT
Real Estate: Not included in asking price, valued at $1.5MM by Seller
Real Estate: Not included in asking price, valued at $1.5MM by Seller
Facilities: Two locations in Eastern Iowa.
Competition: Market leader in large vehicle, RV, industrial, and commercial fleet maintenance and alignment.
Growth & Expansion: Seller recently divested its towing division in response to market conditions.
Support & Training: Seller willing to consult for a new owner.
Financing: For the appropriate buyer, the seller is willing to negotiate partial seller financing.
Reason for Selling: Retirement
Next Steps
Qualified buyers that complete the NDA form linked below will be provided detailed information about the opportunity via a Confidential Information Memorandum (CIM) 1.0, including:
- Capabilities & Facilities Video
- Historical Financials w SDE & EBITDA Analysis
- Income Statements & Balance Sheets
- Equipment List
- Website Information
- Location Information
- Location, Building, and Equipment Photos
- Staffing & Compensation Information
Non-Disclosure & Confidentiality Agreement Link
Seller is advised by Marigold Resources in Davenport, Iowa and Seller pays Marigold's fee.
Please contact Marigold Resources at (563) 424-5707
Chris Barnard - Managing Partner cbarnard@marigoldresources.com
Todd McGreevy - Managing Partner todd@marigoldresources.com
DISCLAIMER: All information contained in this document has been provided by the subject company to Marigold Resources and while believed to be correct has not been verified. Accordingly, Marigold Resources makes no representations or warranties as to accuracy and truthfulness of such information. The recipient hereof acknowledges that Marigold Resources shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by Marigold Resources of this document. Marigold Resources’ fee is paid by the Seller.