Business For Sale

10-bay Auto Service Center- Newly Reduced

Not Disclosed, TX


Asking Price: Annual Revenue:
$1,200,000 $564,579

Automotive & Boats: Auto & Truck Repair & Service


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RE: 10-bay Auto Service Center- Newly Reduced Broker: Wyn Norris, Jr.
Owner Financing is Available!
$100,000.00

Quick Facts

Asking Price: $1,200,000
Annual Revenue: $564,579
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $250,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 5
BBN Listing #: 832144107
Broker Reference #: 76931-75247

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Business Overview:

Free standing ten-bay automotive service facility on one acre of land situated on major traffic artery. Business is also available for purchase at $225K. Seller will finance $100K.

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Property Features and Assets:

Business was started in 2009 and purchased by current owner in 2013. Owner purchased the real estate in 2016. Major additions in alignment, tire change, and balancing equipment made in 2017, as well as addition of access road to highway frontage road.

Market Competition and Expansion:

Business is franchisee of successful Houston automotive repair franchise. Operation is well managed, and profitability should return now that owner is beginning to devote more time to management. Personnel are given offsite continuing education. Well- elevated property did not flood during Hurricane Harvey, a significant advantage over many nearby businesses. New $55K in top-line alignment and balancing equipment added. Low fixed royalty and ad fee of $2,300/mo. Potential Growth Fort Bend County is #4 fastest growing large counties in the U. S. and #1 in incoming investments in Texas.

Reason for Selling:

Retiring

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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