Two Established Transmission Repair Shops

Not Disclosed, TX
Harris County

Asking Price: Annual Revenue:
$895,000 $2,648,883

Automotive & Boats: Auto & Truck Repair & Service

Request More Information
Contact the Seller

RE: Two Established Transmission Repair Shops Broker: Austin Zhao

Quick Facts

Asking Price: $895,000
Annual Revenue: $2,648,883
Net Profit: Not Disclosed
Cash Flow: $243,527
Total Debt: Not Disclosed
FF&E: $206,000
Real Estate: Not Disclosed
Year Established: 1975
Employees: 8
BBN Listing #: 449544107
Broker Reference #: 76931-866363

Email, Print & Share

Request More Information
Contact the Seller

Business Overview:

Two well-established transmission repair shops in growing communities both located in north Houston. One was established in 1975, another one was established in 1990. Both have excellent reputations in the communities and have been growing fast since the current owner took over the business in 2016 and 2018, respectively.

A semi-absentee owner spends approximately 25 hours a week in the business. Each location is operated by its own experienced and dedicated manager with a stable team.

The revenue of both locations was $2,402,049 with total EBITDA of $252,956 in 2018. The revenue in 2019 is projected to be reflective of that of 2018 with nearly $276,000 in EBITDA.

The seller is retiring, so would like to sell the business to someone who can keep the business growing. The seller will train the buyer for a period of 4 weeks at no cost and is willing to assist the new owner as needed with the period and compensation being negotiable.

This business is an excellent opportunity for those who want to acquire a profitable and turnkey operation with a well-established system.

Automotive skills are not a significant factor to own this business, however, new owners need to be able to communicate and work with blue collar employees, ideally have people skills. Having marketing and sales experience is a benefit to business.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

The first shop has been serving the Tomball, Spring, and north Houston area since 1975. It has been in the same location for over 4 decades. Another one was established is 1990. The current owner bought the first one in September 2016, and then bought the second one in March 2018. Since inception of the first store (1975), the full-service transmission business has serviced and repaired transmissions for all foreign and domestic makes and models. Both locations are among the most trusted transmission shops in the Greater Houston Area!

Market Competition and Expansion:

Full-service transmission shops. Services and repairs transmissions for all foreign and domestic makes and models. Serving Tomball, Spring, and the greater Houston. Quality repairs, fast turnaround and affordable rates. Most trusted transmission shop in Houston for the past 4 decades. Free car towing service. Free diagnostic testing service. Multiple financing options for the customers. Lifetime warranty for the rebuilds. Specializes in performance upgrades for all makes and models. Excellent location demographics. Friendly and experienced staff. Specializes in transmission of antique cars and 4x4 trucks. Potential Growth: The buyer has the option to expand services to offer auto repair services, paint and body shop repairs, as well as apply to be a preferred insurance shop. In additional to the growing community, the businesses is currently not actively participating in any marketing initiatives. By adopting more marketing initiatives to increase presence in the community such as a more elaborate website, some social media advertisement, and pay per click advertising, a new owner would undoubtedly see new clients and increased traffic.

Reason for Selling:

Semi 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.

Relevant Links:

Request More Information
Contact the Seller is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!