A unique opportunity awaits to carry on the tradition of one of Cedar Falls’ most recognized and respected names in automotive service. L&M Transmission, a trusted provider of repairs, sales, and towing for decades, is now available for new ownership.
This well-established, fully operational business comes complete with everything needed to hit the ground running—no startup phase required. Situated on busy University Avenue, the property includes a prominent commercial building with five service bays, two gas pumps, all necessary equipment and tools, and a high-visibility billboard that generates strong annual income. The sale also includes the dealership license and a seasoned team of employees ready to support a smooth transition.
Whether you're expanding your automotive business or looking for a profitable turnkey operation with room to grow, this rare chance combines legacy, location, and long-term value.
$550,000 for the building and $250,000 for the business