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Business for Sale Summary

Established Auto Repair Business for sale in TX - 34248

Business Type: seller financing available,auto repair
Owner Financing
Established Auto Repair Business for sale in TX
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Financial Information (non-confidential)

General Information
Asking Price $925,000 Down Payment $647,000
Gross Revenues $1,228,842 Lease Remaining Register Free to View
Owner’s Cash Flow $287,244 Number of FT Employees Register Free to View

Financing

$647,000 Down and $227,500 financed at 0% over 3 years to a qualified buyer.

Business Description

Well established Auto Repair Business located on a busy road with high visibility. The owner is looking to sell due to health issues. He has built this business over the last 5 years and has a great reputation with little advertising other than their website and customer word of mouth. Owner is willing to stay on for 2-3 weeks with the new owner. He is available for consultation for a new owner thereafter as he built this business and wants a new owner to succeed. The shop is 6,490 square feet, with 5 double bays & 3 single bays. All but one are drive through bays. There are 3 drive on lifts, 3 scissor lifts and 1 tire lift. There is room for 12 cars inside the shop and 30 outside. A new owner has options to increase outside parking as the current owner has a waiting list for customer repairs and has limited the outside parking accordingly. The shop is well equipped and all equipment goes with the sale. There is a vivint security system with 32 cameras. Mitchell, identifix, pro demand computer systems in place. 2 laptops are included, one for Mercedes and one for BMW's. Much more comes with this business. Call Broker Gary Meyn for additional 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.