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32 Years OldHigh End Auto Transmission with Property

Asking Price $630,000 Building & Business 
Listing # 201863
10% Down Payment SBA Financing Available
Location Gurnee IL
ASE-certified technicians, Gurnee Transmission is a comprehensive full-service auto repair shop specializing in transmission repair in Gurnee, IL. Business is included in Marketing Price, It utilizes the latest technology available in diagnostic equipment for cars and trucks. The building is located at Grand Ave. and Route-41. It’s a money-making machine. The only reason the owners plan to sell such a profitable business is that they are retiring. GT was established in 1986 and has been successful for 32 years. A

Detailed Informationnyone with experience in this profession will realize its financial profitability.

  • Facilities:
  • Built in 1986, the 40” x 80” masonry construction is 3,200 sq. ft. with 15 ft. ceiling located on a busy street intersection with 28,500 vehicle-per-day average daily traffic and has 4 car bays, 1 truck bay, and a 360 sq. ft office/reception area. Truck bay has drive-thru exit door. New owner can expand their business by utilizing this bay for alignments or to perform truck safety test lane inspections. Lot size is 15,012 sq. ft. including an easement and 40+ car parking lot. Over $80,000 of assets will be transferred with the sale including 4 hydraulic lifts, each valued at $12,000; brake lathe; diagnostic equipment; tools; and fixtures. Shop utilities are extremely low, as the shop utilizes a Clean Burn waste oil furnace unit, which generates free heat by recycling used oil on site. Check out GT’s website at https://www.gurneetransmission.com. Gurnee, IL, has a median household income of $92,000 with a population of 31,000. Six Flags Great America and Gurnee Mills employees over 8,000 people. Within a 5-mile radius is Abbott Lab, AbbVie Inc., Vista Health System, and College of Lake County. Please do not call the owner to inquire about sales, as they have hired us to answer all your questions and to provide you with their financial information. If interested, call our office at 630-630-8001.
  • Competition:
  • This transmission business had top rating in this area.
  • Growth & Expansion:
  • the New owner can hire more technicians for other bays there is room for 3 more technicians. Use their client list for monthly flyers with promotions new customers will stop by to your business.
  • Support & Training:
  • 2 weeks free training
  • Reason for Selling:
  • Rtiring
  • Business Website:
  • http://www.gurneetransmission.com/

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Burr Ridge IL 60527

 

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