Profitable, Growing Auto Repair Shop
Location Texas,United States
Asking Price Range $250K - $500K
Gross Revenues $500000
Net Profit / Cash Flow $178000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1994
Number of Employees 4 - 5
Inventory 145000
Relocatable Not Disclosed
Number of Employees 4 - 5
Real Estate Leased
Description This general automotive maintenance and repair shop is profitable and has been growing quickly. The business has seen a 15 to 20 percent growth each year since the current owner took sole control of it in 2002. Its services include quick oil and filter changes, most mechanical maintenance and repair operations, and state inspections. The business' honesty, customer service and quality work contribute to it having a percentage of repeat customers far above industry standards. The shop saves money by doing very little advertising and getting nearly all of its new customers through referrals. It uses a proactive and efficient system for reminding customers when their vehicles need service and for rewarding customers who refer friends to the shop.
The shop is located in a leased 7,000-sq-ft building on a city street. The more than 4,000-sq-ft workspace includes a state inspection bay, four frame lifts and a drive-on lift with frame jacks. The building also has a climate controlled customer reception area, an office/employee lounge area and storage space. It is on a major thoroughfare through town and has great visibility. The business is in a rapidly growing city in the Dallas/Ft. Worth Metroplex. The owner is willing to stay on after the business sale for as long as necessary to help facilitate a smooth transition.
Established: 1994.
Employees: 4 fulltime.
Facilities: A leased building.
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