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Business for Sale Summary

Auto Repair & Restoration for sale in Texas - 33425

Business Type: auto body/collision repair,auto/truck mechanical repair,auto repair
Owner Financing
Auto Repair & Restoration for sale in Texas
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Financial Information (non-confidential)

General Information
Asking Price $375,000 Down Payment $225,000
Gross Revenues $346,000 Lease Remaining Register Free to View
Owner’s Cash Flow $175,000 Number of FT Employees Register Free to View

Financing

$225,000 Down and $150,000 financed at 5% for 5 years

Business Description

This auto garage repairs anything and everything to do with cars/trucks and has expanded and relocated, but still in the same great area. Nearby construction & renovations of multi-story buildings, bars, and the university will bring in more clientele to the shop. Business won the 2020 Best Automotive Repair Shop Award while holding a BBB A Rating for the last 2 years has given us legitimacy, in these times of hardships, in our fitting slogan "mechanics you can trust''. Shop opened in 2015 and went from a one bay shop to this fifteen-bay behemoth. Shop software is top notch with features like online approvals of estimates with payment options that can be delivered via text or email that provide contactless POS affording the customer, at no expense to them, safety they can trust. Armed with the newest scanners from Snap-On, MAC Tools, and Cornwell the gauntlet of foreign and domestic vehicles don't stand a chance with our competent and highly organized staff. We also feature two finance companies that afford our customers easy credit terms for their car repairs and accessories needs. Currently we are authorized dealers for: Rough Country Suspensions, Sinister Diesel, Flow \master, Coverlay Products, BG Products, ARP, Dakota Digital, ATech Motorsports and have recently teamed up with CarFax. Our 12,500 sq. ft. building can potentially house 15 mechanics bays comfortably. Our current floor plan includes 8 exclusive mechanics bays with shelving, a tire service work area with respective machinery, shelving and lifts, a fabrication area with pipe benders, a plasma cutter, torches, welders, tooling, shelving and lifts, a transmission remake area with worktable and shelving, racks dedicated for respective vehicle fluids & chemicals and enough elbow room to accommodate a few storage vehicles. Interior holding spots are always a great selling point for higher end vehicles and hard to please clients that don't want their vehicles exposed to the elements and we believe that's covered. There is a 14x14 office, 14x14 waiting room, 14x14 security room that holds the newest 4K security system available today, 14x14 lounge and storage atop of the previously mentioned. A separate 14x30 room can be used as an office, waiting room or show area for sales of goods. Men's and women's multiple stall restrooms reside in the rear of the building. The possibilities and combinations to the interior/exterior of the shop are endless. Adjacent to the west side of the building is a 3600 sq. ft. fenced area with canopy that can be used for private parking, vehicle storage area, more lifts or a car detailing area. The one-way street provides parking to customers on both sides. A large backlit LED sign is adorned atop the center of the building with the company logo that can be easily seen at all times of the day. People know and trust the name so much that any merchandise that bears our logo is nearly impossible to keep shelved because of our customer service, technicians and the marketing team makes this business a sensational standout amongst repair shops in the area. Contact broker Dan Gundrum at 815-323-0608 for more information.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.