Undisclosed Osage, IA 50461

Property Details for 0 Undisclosed

Property type

Commercial real estate

Description

This well-established diesel repair business in North Central Iowa (Osage, zip code 50461) is offered for sale at $975,000 with 100% seller financing available. Boasting a strong reputation and a 9-star Google rating, this business has generated $647,652 in gross revenue and $187,546 in Seller's Discretionary Earnings (SDE) in the past year. The sale includes $169,511 in furniture, fixtures, and equipment (FF&E). The current owner, retiring after 36 years, will provide six weeks of support and training, and a 75-mile, 3-year non-compete agreement. The business, founded in 1977, is a fully authorized service dealer for six major vendors, serving a five-state region with limited competition. Its success is built on a loyal customer base, prompt service crucial during peak seasons, and a reputation for quality. Significant growth potential exists through expanded advertising and team development. The business's location provides a key competitive advantage due to its convenience for customers. While online businesses sell parts directly, they lack the professional services this business offers, including diagnostics and installation. This presents a unique opportunity for a buyer to acquire a profitable, established business with significant upside potential and the benefit of seller financing.