Classic Car Restoration Garage Including RE
Houston, TX Harris County
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- RE: Classic Car Restoration Garage Including RE
- Contact: Bobbi Coffey
Quick Facts
| Asking Price: | $2,100,000 | |
| Annual Revenue: | $794,659 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $194,773 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $50,000 | |
| Real Estate: | $1,400,000 | |
| Year Established: | 2012 | |
| Employees: | 8 | |
| BBN Listing #: | 225344107 | |
| Broker Reference #: | 76931-134635 |
Business Overview:
TRANSWORLD BUSINESS ADVISORS OF HOUSTON. LISTING REF #76931-134635
Wow! What a fun business! If you love classic muscle cars, this is a must see. 2023 proved to be the best year yet - great opportunity to continue the growth! Business sale price = $700,000, plus real estate of $1,400,000 for a total acquisition cost of $2.1M. SBA pre-qualified. Buyer must have $400,000 minimum equity injection, and not rely on the business for a livable wage if using SBA financing route. The business alone is also SBA PQ, but seller is only considering offers including the real estate at this time. Classic American Muscle car restoration business with over ten years' ten years proven expertise . With additional plans for future expansion, this business is positioned to be a powerhouse in the American classic car restoration and collection craze. Known for their excellent reputation, fair dealings, and quality work, this business is perfect for an owner looking to participate in the day to day, learn from the seller through an extended transition, and continue to build the business operations.
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Property Features and Assets:
Facilities: Purpose built facility on 5 acres
FF&E General Condition: Excellent
Market Competition and Expansion:
Expansion:
o Direct product sales through website.
o Used part sales (seller has a built up an inventory it has never taken the time to market).
o Addition of a paint and upholstery shop.
o Further expansion into new garages, addition of personnel and strategic growth. There is plenty of opportunity for increased production with a new owner who wants to do the work to grow.
Reason for Selling:
Retirement
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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