Owner Financing is Available
Business Overview:
Transmission repair center, with Real Estate available, located in a major thoroughfare in a northeast Dallas suburb. This 32 year old shop maintains a tremendous reputation with its customers and the community (member of the BBB). The business was awarded the SBCA best of business award for 2009. The center is operated from a freestanding building on a ½ acre of land. They have 8 total bays (including 6 repair bays), with 5 double lifts, 1 heavy duty double lift, All Test Transmission Tester, fully equipped, clean customer waiting room, offices, and huge pylon sign with tremendous visibility for several blocks. They have an outstanding reputation and an experienced, longstanding workforce in place, including 6 full time employees (1 General Manager/office manager, 1 Shop Foreman, 2 R&Rs, 2 builders – ASE Certified) and 1 part time swing man. The seller will provide 2 weeks of hands-on training and transition. The vast majority of their clientele is individual customers, which leaves a tremendous opportunity to create and grow the commercial aspect of the business. Discretionary Cash flow in 2008 was $150,000. The purchase price of the business is $600,000 which includes the Furniture, Fixtures & Equipment (valued at $150,000) and the inventory (valued at $401,000 at cost). The real estate is available for purchase, and the price will be determined by a fair market appraisal. If you like the automotive industry and are interested in an established business, this could be just the right opportunity.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
3,700 square feet, no ½ acre. 8 total bays with 6 repair bays with hydraulic lifts. This property has a huge pylon sign, with tremendous visibility and accessibility. The shop is fully equipped with every piece of equipment and tool necessary to run the business.
Furniture Fixtures & Equipment: $150,000 (included in asking price)
Inventory: $401,000 (included in asking price)
Real Estate: (not included in asking price – $450,000).
Market Competition and Expansion:
Competition: Average competition.
Growth & Expansion: A full time hands on owner/operator could grow this business tremendously. A new owner could establish fleet and commercial accounts simply by visiting surrounding business and cities in need of their services.
Reason for Selling:
Retirement
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.