Listing Number: 76931-858876
Description
This business is under contract. Back up offers may be accepted, contact broker.
Business price of $1,625,000 plus real estate price of $1,800,000, for a total package of $3,425,000.
Looking to step into a lucrative opportunity in the automotive industry? Look no further! This established auto repair shop has been in business since 2003 and is known for its competitive pricing, quality work, and honest treatment of customers.
Located on the west side of Houston Metro, they offer full-service repairs and specialize in diagnosing, repairing, and maintaining both domestic and foreign automobiles to ensure they operate safely and efficiently. Their primary functions include conducting inspections and diagnostics using specialized equipment to pinpoint mechanical, electrical, and computer-related issues. Skilled mechanics then perform repairs ranging from simple tasks like oil changes and brake replacements to complex jobs such as engine overhauls or transmission installation. They also handle preventive maintenance tasks like tire rotations, fluid checks, and alignments to extend vehicle lifespan and prevent future issues. Additionally, they offer services like air conditioning repairs and electrical system diagnostics to address a wide range of automotive needs. Their goal is to keep vehicles in optimal condition, providing reliable transportation for their customers.
This shop is equipped with 10 bays – four pull-through, four in front and two rear/side bays. 8 bays have lifts, and one is equipped with a 16,000-pound alignment lift. They will service transmissions or install new, but do not currently handle overhauls or transmission rebuilds, nor do they perform body work. There is a manager in place, as well as 4 other technicians / mechanics, besides the owner, who only operates 30-35 hours a week as a service writer and light line tech work. Employee satisfaction and culture are very important to the existing ownership, and as a result turnover is very low.
The shop runs from a free standing 5,300 sf +/- well ran, clean facility with modest entry /waiting room area. In recent years they have been surrounded by 2 large apartment complexes and 2 additional subdivisions that have increased sales, with a high rate of returning clientele, and next gen clientele.
The commercial property is owned by the seller. The preference is to sell the real estate as part of the transaction. Real estate is $1,800,000 in addition to the business.
SBA Prequalified.
Listing Details
- Price: $1,625,000
- Down Payment: $1,625,000
- Sellers Discretionary Earnings: $530,952
- Total Sales: $1,717,372
- Location: Harris County, Texas
- Inventory: $1,000
- FF&E: $75,000
- Employees: 4
- Year Established: 1995
- Reason for Selling: Retirement
- Category: Automotive
