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This Business has been Sold!
Closing Date: 10/18/2023
Broker: Gary Meyn
Business for Sale Summary

Local Auto Repair Center for sale in TX - 34425

Business Type: auto body/collision repair,auto/truck mechanical repair,misc. service/non-classifiable,repair services,owner financing available,auto repair
Sold
Local Auto Repair Center for sale in TX
On October 18th 2023, The Undersigned
Acted as the Advisor to the Deal
Gary Meyn
Gary Meyn Senior Broker
Servicing: All of TX
All of OK
All of NM
All of LA
All of NC
All of SC
All of VA
All of NY
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.

Financial Information (non-confidential)

General Information
Asking Price $700,000 Down Payment $400,000
Gross Revenues $720,415 Lease Remaining Register Free to View
Owner’s Cash Flow $220,004 Number of FT Employees Register Free to View

Financing

$400,000 Down and $300k at terns TBD

Business Description

Looking for a reliable and professional auto repair and maintenance services business in North Dallas? Look no further than this well-established and highly respected shop, in business since February 2006. Known for its honesty, quality workmanship, and strong ethics, this shop has built a loyal customer base and continues to increase sales and profits each year. Conveniently located on one of Texas's busiest highways, this business benefits from easy access to vendors and suppliers offering competitive pricing on parts and supplies. With a large freestanding building, updated LED lighting, compressed air system, top-of-the-line lifts, and modern scanning and testing equipment, this shop is well-equipped to handle all types of automotive and light truck services. And with the surge in used car values in 2021 to present, this is a great time to take advantage of the potential profits. The shop also features a large, lighted parking lot in front and gas heating for low operating costs. Plus with additional shop space available next door, there's plenty of room for expansion. The owner is selling due to a health issue that has gradually affected his ability to continue to run his business. This turn-key opportunity is ready for a new owner to step in and start earning profits from day one. Contact the listing broker, Gary Meyn at 877-735-5224 to learn more.

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.