Business For Sale

Near North Established Specialty Auto Repair

Austin, TX
Travis County


Asking Price: Annual Revenue:
$324,000 $408,257

Automotive & Boats: Auto & Truck Repair & Service


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RE: Near North Established Specialty Auto Repair Broker: Seller of Business

Quick Facts

Asking Price: $324,000
Annual Revenue: $408,257
Net Profit: Not Disclosed
Cash Flow: $127,138
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1987
Employees: 4
BBN Listing #: 657546576
Broker Reference #: Not Disclosed

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Business Overview:

This is the chance to own a very successful specialized automotive repair business in the city of Austin, Texas. The business has enjoyed over 30 years of success and growth. As the community grew and evolved so did the business. It is a multi-service business specializing in full service automotive repair including but not limited to tires, brakes, alignment, A/C and all types of mechanical work. The business basically runs on autopilot at this point since the brand has a great reputation and has been around so long. The customers are from the public and most are collectors of fine automobiles across Texas.

The business currently has a staff of four, not including the owner. It has a team so strong that it is more about the team than just the owner. The team loves working for this shop and will likely stay upon transfer of ownership. The business has excellent reviews on Yelp and Google which is a direct reflection of the quality of their work. Beyond the quality of the work, the business has a relationship that clients have come to trust because of the word of mouth and reviews. The next owner can build on this. The staff are thoroughly trained, above and beyond the minimum standards, and they have expanded the great reputation that the business was founded on.

This business is very steady, with growing revenues since inception. The business was started by the current owner. Revenues were $543,783 in 2015, $544,351 in 2016 and $408,257 in 2017 (due to cutting outsourcing for body work) with 2016 seller’s discretionary earnings (SDE) of $119,345 and $127,138 in 2017.

The landlord may consider selling the property to a qualified buyer with the business.

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Property Features and Assets:

The building is 3,700 square feet on a 21,000 square feet lot. Landlord may consider selling the property to a qualified buyer with the business.

Market Competition and Expansion:

Location is in a high income area of Austin with very little competition in the special market the business serves. The market is growing with the growth of the city.

Reason for Selling:

Retirement

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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