Automotive Repair Company
Location Texas,United States
Asking Price Range $2.5M - $5.0M
Gross Revenues $0
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1993
Number of Employees 10 - 19
Inventory 100000
Relocatable Yes
Number of Employees 10 - 19
Real Estate Owned
Training Yes.
Reason for Sale Retirement.
Description Company deals in general automotive repairs, tires, and transmissions rebuilding. The business is profitable. There are two main buildings which have recently undergone major renovations. There are twenty-seven service bays. There is a high concentration of residential housing and commercial business within 3 miles of the shop. The company has an excellent reputation in the market place. The business started in 1959. Present ownership started in 1993.
The business is located directly on I-35, with excellent access. There are two main buildings that front onto the Interstate which total 26,000 sq. ft. The buildings have excellent ''curbside'' appeal. There are ample parking spaces. Recently over $400,000 was spent on building renovations. The buildings are in ''like new'' condition. The business has the nicest ''customer facilities''. Customers often commented on how nice the buildings are. The facilities have a very positive impact on increasing sales and customer satisfaction. The real estate was appraised at $2,450,000 in October 2004. Equipment which is included has a replacement cost value of $350,000.
Owner will remain for a smooth transition and will accept a non-competition agreement. Key employees will remain. Contact for more information on this Automotive Repair business for sale.
Owner would consider a 70% down.
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