VERY Profitable Auto Repair Shop For Sale - $152,919 Cash Flow

Austin, TX (Travis County)

Seller Financing Available
VERY Profitable Auto Repair Shop For Sale - $152,919 Cash Flow

Asking Price:$475,000

Cash Flow:$152,919

Gross Revenue:$815,601

EBITDA:N/A

FF&E:$40,259

Inventory:$2,000

Real Estate:$295,000*

Established:1997

*not included in asking price.

VERY Profitable Auto Repair Shop For Sale - $152,919 Cash Flow

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Business Description

This is the chance to buy an established full auto repair shop in Killeen, TX. The shop specializes in transmission repair but also has full service capabilities along with body repair. The Seller is ready to retire and would like to sell the business and potentially the property for $295,000 or lease at $4500/month. Revenues are $815,601 for 2015 with cash flow of $152,919. Sales were $818,930 for 2014 and seller’s discretionary earnings were $130,469.
This is a potentially attractive acquisition for a new owner for a several reasons. The location draws customers from all over the Killeen and north Austin metro area. The seller has successfully built a brand around the business. At this point, the business basically runs on auto-pilot. A new, more involved owner could spend more time at the business driving traffic to the location. A more “hands-on” approach will likely increase sales, according to the current owner. On the other hand, this “semi-absentee” setup may work well for an investor who simply wants a good return on their investment. The shop has local employees who are willing to stay on for a new owner. A new owner could also ramp up advertising efforts, as the current Seller does very little advertising.
A new owner can jump into the shoes of the current owner and continue to build momentum in the new services and coffee shop part of the business. A new owner would also have the flexibility to add new services and discontinue items that may be lagging. The market in Killeen is very supportive to local business owners. This is a great opportunity to exploit that support. A good marketing owner will be able to steer business to its location easily.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Not included in asking price
Building Sq. Ft.:
N/A
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Business is located on a busy corner a mile away from the largest military base in the country. The property is fully owned by the current business owner and is available to purchase for $295,000 or lease at $4500/month. 11 bays, office, storage, coffee shop and plenty of parking.
Competition:
• Established location – Busy corner with other established businesses. • Service diversification – many capabilities that extend into general auto service. • Strong brand name gives a new owner opportunities to expand into new locations. • Opportunity to increase marketing, including almost any form of advertising, or simply using search engine optimization techniques on the website. • High ratings on Google and Yelp and best ranking in local readers poll.
Growth & Expansion:
With a more robust marketing plan, there are excellent future growth opportunities for a new owner. A more aggressive marketing plan to reach more customers and neighborhoods should be on a new owner’s wish list. This could include search engine optimization for the website and more networking/advertising.
Support & Training:
Yes, seller is willing to stay on and support and train.
Reason for Selling:
Retirement

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Derik Polay

Business Listed By:
Derik Polay

CGK Business Sales

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Greg Knox

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