Mid Cities Auto Repair with Property
Hurst, TX
| Asking Price: | $1,950,000 |
| Inventory: | $5,000 |
| Real Estate: | $1,700,000 |
| Gross Revenue: | $1,300,000 |
| FF&E: | $150,000 |
| Established Year: | 2000 |
Listing ID: 2267944Listing provided by BizBuySell
BUSINESS DESCRIPTION
This opportunity is under contract...
This shop is general automotive repair. Techs have been there a while and know what they are doing. Property is included. It's a good piece of property and really adds to the value of the entire deal. They are doing pretty good with about $1.3m a year in revenue...but there is room to do more.
I sell auto repair shops in Texas. I sell auto repair only. I do not sell any other kinds of businesses.
This is a great shop and I want you to buy this one. But if it doesn’t work for you for some reason you still might want to give me a call or visit my website at www.rpmshopsales.com
DETAILED INFORMATION
Location
Hurst, TX
Inventory
Included in asking price
Real Estate
Owned
Included in asking price
Building SF
11,000
Employees
5
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The facility is eight bay and about 11,000 sf. The property is a little over an acre. So there is room to grow here. The location has real good traffic. The street is real busy...lots of cars.
Competition
The current owner is a good businessman. He's run the business profitably for many years. But he is comfortable at the current level of profitability and has not made any effort to increase business. It is ready for a new owner to take the reins and push it to the next level. See Growth and Expansion below.
Growth & Expansion
Virtually any auto repair shop can be improved upon by implementing a well thought out marketing effort. Shops that are for sale are usually being sold by retiring owners. And retiring owners have a strong tendency to rely on reputation and word of mouth. They almost never use direct marketing or social media. This business fits into that category. The core business and reputation is strong but needs new blood to push it to the next level.
Support & Training
The staff is pretty good so it should not take much. But we are willing to provide whatever is needed.
Reason for Selling
Retirement and ready to move on
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