37444- Greater Fort Worth Auto Mechanic Shop

TX

Seller Financing Available
37444- Greater Fort Worth Auto Mechanic Shop
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Asking Price: Get Financing: $195,000

Cash Flow: $56,000

Gross Revenue: $650,000

EBITDA: N/A

FF&E: $200,000

Inventory: $3,000

Real Estate: $750,000*

Established: 2004

*not included in asking price.

37444- Greater Fort Worth Auto Mechanic Shop

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Business Description

Located near DFW, this self-sustaining auto repair business specializes in rebuilding transmissions, major auto repairs, and simple maintenance services for all types of cars, light trucks, SUV’s and vans. With near 70,000 traffic count, the company operates from a 4,600- square-foot facility, which is owned with an option to lease or purchase. Currently, 72% of the company’s revenue is derived from the sale of automotive repair services to individual car owners and 28% of sales are derived from commercial fleet services. The company has five non- union employees, with an average length of service of five years. Operations are one shift per day with five employees paid hourly from $8.75 to $42.50 per hour. While the company generated revenue of $572k in 2016, 2017 projects $650k with 8% profit margins.
Leading regional automotive facility - Prime location - Consistent revenue exceeding $550k - 70% repeat business - Long-term customer relationships
Equipment and vehicles valued at $200k - Inventory valued at $3k - 5 full-time employees - Property purchase negotiable - Owner financing negotiable - Owner willing to remain for transition period - Industry Award Recognition!

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
4,600
Employees:
5
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The facility has 4,600 square foot facility with five open ended bays, production area and office area. The property is owned with an option to lease or purchase.
Reason for Selling:
Other interests
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(from currently available funds)
 
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IAG Buyer Division

Business Listed By:
Buyer Division

IAG

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