37563-Full Service Auto Repair Shop

TX

Seller Financing Available
37563-Full Service Auto Repair Shop
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Asking Price: $365,000

Cash Flow: $124,000

Gross Revenue: $454,404

EBITDA: $48,836

FF&E: $245,000

Inventory: N/A

Established: 1955

37563-Full Service Auto Repair Shop

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Business Description

Located in an up and coming area of Midland, this west Texas business and property are available for sale together or separately. The company specializes in auto part sales, repairs and maintenance services for all types of cars, light trucks, SUV’s and vans. The primary products include Delco Batteries, Spectra Brakes and DuraMax Oil. Last year, Midland posted the largest percentage growth in the nation at 4.3%. The company operates from a 14,860-square foot facility, which is owned with an option to lease or purchase. The facility includes a storefront, warehouse and production areas, ample parking and an office space. Offering these products and services requires an Inspection License, a facility with specialized automotive tools, diagnostic machines, and repair equipment. With two experienced mechanics, the company has a proven track record supported by over 50 years of ongoing business! With its broad range of products and services, the marketing efforts focus on targeting individuals and commercial enterprises throughout Texas. In 2017, the company’s total revenue was $454,404 with Seller’s Discretionary Earnings of $124,000 rounded.

Detailed Information

Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
Negotiable for the right buyer
Support & Training:
6 months
Reason for Selling:
Approaching retirement
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IAG Buyer Division

Business Listed By:
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IAG

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