Auto Repair & Electronics

Houston, TX

Seller Financing Available

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Asking Price:$350,000
Gross Revenue:$609,000
Rent:$7,500/Month
Established Year:2010
Cash Flow:$215,000
Inventory:$28,500
FF&E:$80,000
BUSINESS DESCRIPTION

Furniture & Electronics Shop

Well established retail store specializing in auto repair and body work which represents approximately 65% of total sales, and the sale and installation of auto & truck electronic equipment including stereos, speakers & amplifiers, tires, wheels, & window tinting, representing approximately 25% of total sales, and Home furniture, beds, and mattresses under band names such as Coaster Furniture, Furniture of America, Crown Mark Furniture, and Home Elegance which accounts for approximately 10% of total sales. The facilities is a free standing building and includes a large show room and 8 bay auto repair shop. The real estate can be leased or can be purchased at $1.4 million.


ATTACHED DOCUMENTS
Confidentiality Agreement Download

DETAILED INFORMATION
Location
Houston, TX
Inventory
Included in asking price
Real Estate
Leased
Building SF
8,550
Employees
4
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
This shop is a free standing building and is available for purchase or lease.
Financing
$175,000 cash down and $175,000 Seller Note for 5 years @ 6% interest = $3,383.24 P/M
Support & Training
As needed
Reason for Selling
This owner opens, operates, and then sells his stores.
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Jeffrey
Jones
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Jeffrey Jones