automotive and boat business for Sale in Iowa

Established Two-Location Transmission & Auto Repair Platform

Confidential opportunity to acquire a two-location transmission and automotive-service platform operating in an established Midwestern metropolitan market. The business combines a nationally recognized automotive-service franchise with a long-standing independent transmission brand that has served its market for more than seven decades. The locations operate within a short distance of one another and use shared management, accounting, estimating, scheduling, parts-ordering, billing, and shop-management systems. The company specializes in transmission diagnostics, repair, rebuilding, and replacement for domestic and foreign vehicles. Additional services include manual transmissions and clutches, transfer cases, driveline diagnostics, CV axles, U-joints, transmission fluid and filter service, auxiliary coolers, performance transmission work, recreational-vehicle transmission service, towing-related upgrades, brakes, electrical work, cooling-system service, and general automotive repair. This broad service mix allows the business to retain customers whose vehicles require more than a single specialized repair. The customer experience is designed around transparency and authorization. Vehicles begin with an initial no-charge diagnostic and road test, followed by a more detailed evaluation and written estimate when needed. Repair work does not begin until the customer approves the scope and pricing. Qualifying transmission work is supported by warranty coverage, including nationwide protection through the franchised location and an established in-house warranty program at the independent location. Most extended-warranty programs are accepted, and local towing may be available with major repairs. The business generated approximately $2.07 million in 2025 revenue and approximately $254,000 in Seller's Discretionary Earnings. Revenue more than doubled from the prior year as the second location operated for substantially the full year. Gross margin remained approximately 58%, demonstrating the attractive economics of specialized transmission and automotive repair. Recent results indicate that the combined platform has continued operating at its expanded scale. Operations are owner-light. Approximately seven employees, including two managers and five technicians, handle most daily activities. The team includes a dedicated transmission builder, a specialized skill that is increasingly difficult to recruit. The managers and lead technicians oversee customer intake, estimating, workflow, repairs, parts purchasing, quality control, and collections. Key employees are expected to remain following a sale, providing continuity for a new owner. The business benefits from limited direct competition because transmission rebuilding requires specialized knowledge, equipment, tooling, and warranty capabilities that many general repair shops do not maintain. Revenue is diversified across retail customers, referrals, warranty work, and commercial relationships, with no known customer concentration exceeding 15%. Demand is generally not seasonal, and major transmission repairs are often necessary rather than discretionary. The platform also benefits from repeat business, online visibility, longstanding community awareness, and referral relationships developed through years of consistent service. A buyer will receive the operating assets required to continue the business, including equipment, tooling, shop assets, inventory, and work in process, subject to customary verification at closing. No major near-term capital expenditures are currently anticipated. The two operating properties are available separately from the business, giving a buyer the option to acquire the real estate or establish an acceptable occupancy arrangement.