1140 N Broadway St - Industrial FOR SALE


Spring Valley, MN 55975
$525,000 USD
507-262-6000
1140 N Broadway St, Spring Valley, MN for Sale
$525,000 USD
Industrial - FOR SALE
1/7
null | Request Cap Rate

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1140 N Broadway St
Spring Valley, MN 55975


HIGHLIGHTS

  • Turn Key Auto Body and Repair Shop
  • Solid Foundation for any Business that could use Body and Repair Shop Tools
  • Real Estate and Business Available as a Combo Purchase

OVERVIEW

Matt's Body Shop & Tire Service is a well-established and highly respected automotive repair and collision center with a rich history spanning over six decades in a stable Southeast Minnesota community. This profound longevity has cultivated significant brand equity and a reputation as a trusted community institution, offering a solid foundation for continued success. The business benefits from exceptional customer loyalty, supported by an excellent reputation evidenced by a 4.9-star Google rating and an A+ from the Better Business Bureau. The business operates on a comprehensive, full-service model, adeptly handling a diverse range of vehicle needs through its primary service lines: auto body and collision repair, general mechanical maintenance, and tire sales and service. This diversified approach provides resilient revenue streams, offering customers the convenience of a one-stop destination for everything from routine upkeep to complex post-accident restoration. A lifetime guarantee on paint and workmanship further underscores the commitment to quality and customer satisfaction. This offering includes the real estate, a dedicated facility optimally positioned at 1140 N Broadway Ave in Spring Valley, MN. The premises are well-equipped to support the full scope of operations, featuring essential elements such as a paint booth and a welcoming reception area, designed for efficient and effective service delivery. The facility integrates modern techniques, including computerized paint matching, ensuring high-quality results for collision repairs. Its location in a community heavily reliant on personal vehicles provides a consistent local demand for its services. Financially, the business operates within a recession-resilient industry that benefits from powerful, sustained trends, notably the historically high average age of the U.S. vehicle fleet. This ensures a durable and non-discretionary demand for both maintenance and repair services. The combination of mechanical and collision repair services creates a balanced revenue stream, with steady, predictable income from routine services complemented by higher-ticket collision jobs, contributing to stable financial performance. This acquisition represents a complete, turnkey opportunity, as the sale includes the real estate and all necessary assets required for continuous operation. The business has proven processes in place that streamline operations, making it ready for a seamless transition to new ownership. Acquiring this established enterprise provides a new owner with immediate access to a fully functional operation embedded within its community, ready for continued prosperity. This asset sale combination would be a great startup opportunity for anybody wanting to get into automotive repair, automotive restoration, collision repair, automotive sales, ag service, or motorcycle sales/service. https://www.mattsbodyshop.com/

FOR SALE DETAILS

PRICE

$525,000 USD

PRICE/SF

$103 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

ADD'L SUBTYPES

undefined, Distribution, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1971

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

1

PARKING SPACES

25

LAND DETAILS

LAND ACRES

2.44

LAND SF

106,286

ZONING

Business/Commercial

APN/PARCEL ID

36.0970.010

ASK ABOUT THIS PROPERTY

Jacob PetersenMurphy Business & Financial CorporationMore Info
507-262-6000

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Jacob PetersenMurphy Business & Financial CorporationMore Info
507-262-6000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.