Seller's Contact Information
- RE: Expansive Automotive Repair & Tire Center
- Contact: Steve Merritt
Quick Facts
Asking Price: | $349,750 | |
Annual Revenue: | $552,640 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $95,660 | |
Total Debt: | Not Disclosed | |
FF&E: | 625,000 | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | Not Disclosed | |
BBN Listing #: | 754644107 | |
Broker Reference #: | 76931-616813 |
Business Overview:
Well established mega auto center, located in a high traffic easily accessible area in Houston, Texas. Started over 40 years ago as a tire shop, the business evolved into a full-service mechanic shop. Serving thousands of customers with their engine, transmission tire and wheel needs. There isn’t much they don’t do!
With 4 bays (expandable to 6), the shop can service just about any need at any point in time. Full transmission and engine rebuild, fluid changes, and state inspections are all offerings out of this location. With business adjacencies, the shop can even accommodate stereo and speaker installation.
The business generates approximately $100,000 in net income but has extensive upside with the assets in place valued more than $600,000. With the addition of more mechanics, the center can increase substantially over current levels.
The ideal buyer will be an owner operator in need of a great location and shop to make his or her own and grow the business into a local go-to location for the surrounding area. Seller Financing is available for the right buyer!
Founded over 40 years ago, the shop is situated on over ½ acre and has over 8,000 square feet of shop and office space. The shop was built with growth in mind, with over 8 bays and the possibility to open the sop to several more that are currently used as a show room for tire related and other products. The shop has a good profit margin of approximately $100,000 on $550,000 of annual sales. With some marketing and additional staff, the shop could double and even triple the top and bottom line.
The facility as equipped should be well capable of increasing the current level of revenues. An industry rule of thumb is at least $200,000 per bay per year in revenues, making the capacity close to $1,800,000. In order to achieve this growth any marketing effort would be an improvement, but the most rapid results will likely come from Internet focused program as the most common method for selecting a mechanic is an Internet search and reading reviews from actual customer experience.
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Reason for Selling:
Retiring
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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