Sale Pending
Profitable Texas Automotive Repair With Property Option (17810)
This one is a smart business opportunity! This profitable automotive service company has operated in a high population Texas metro area for 40 years! The company is a popular, professional supplier of high quality automotive repair, maintenance, parts, fleet maintenance and preventative services whose primary services consist of comprehensive automotive repair services, including engine rebuilds, tire services, diagnostics, transmission repair, alignments, brakes, and diagnostics, with additional revenue from automotive maintenance services, such as oil changes, filters, and fluids. Operating from a single location just off a major Interstate and is very conveniently located and accessible to customers. The facility is approximately 4,500 square feet with 8 bays – each 30’ x 100’ -- plus office, waiting room, and warehouse space. An additional 2,850 square foot adjoining space is also available for lease or purchase that can be used for additional business, such as a tire store to Since its inception, the company has grown through continually providing quality mechanic services, preventative maintenance services and fleet maintenance. The majority of its revenues are sourced from repeat business and through corporate fleet accounts. The Company’s local customer base consists primarily of regional residents who own automobiles. With its range of service offerings, the Company’s marketing efforts focus on targeting repeating business utilizing its database of customer information. In 2020, the Company’s total revenue was $947,114, with Seller’s Discretionary Earnings of $160,747. 2021 exceeded $1 million and SDE added another $100+k. This business has all the right certifications and offerings: state inspection station, BBB certification, ASA and ASE certified mechanics. Great area to live! Excellent establish business! It will go quickly!
Listed By: David Michaelson
Background information
Seller Number:
17810
Year established:
1982
Reason selling:
Approaching retirement and/or pursuing other interests.
Finance
Sales:
$1,008,676
Profits:
$237,565
Profit type:
Discretionary Earnings
Operations
Employees:
4 nonunion.
Equipment:
$350,000
Inventory:
N/A.
Premises
Facility:
Property valued between $850,000 and $900,000 is available for optional purchase.
Square footage:
4,500+/-
Opportunities
Market:
Referral Sources.
Price and terms
Price:
$799,000
Financing:
Negotiable up to 20% for the right buyer.
Owner Transition:
Smooth period of 12 months under manager roles.