Auto Repair / family owned sine 1975

Longview, TX (Gregg County)

Auto Repair / family owned sine 1975
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Asking Price: $750,000

Cash Flow: $87,675

Gross Revenue: $234,000

EBITDA: $998,875

FF&E: $155,000

Inventory: $56,000

Real Estate: $1,300,000*

Established: 1975

*not included in asking price.

Auto Repair / family owned sine 1975

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Business Description

Automotive repair specializing in exhaust , brakes , alignments

We have been in business for over 40 years . We are known for being a reliable and trust worthy repair shop.
We go above and beyond to be sure our customers feel they were taken care of.
Our employees step up and help each other out to be sure that all jobs are done properly .
Also our employees feel comfortable knowing that we are here for them if they need time off for family or just needing a break for a few days .

Detailed Information

Location:
Longview, TX
Inventory:
Included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
13,000
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Our building has road frontage to main highway through Longview Tx We have 10 lifts , pipe bender , 2 brake lathes , tire machine , tire balancer , brand new robin air ac machine , 4 welders . Our office has 2 desks with computers and printer , fax machine , front counter in lobby has 2 computers with printer. front lobby has 9 chairs and television . Total square feet of shop with lobby and offices is 13,000 Sqft . Lease amount is $5500.00 per month
Competition:
We are the only shop in town that does custom exhaust . We are on the main street going through Longview .
Growth & Expansion:
We have done engines in the past and it is something we still do if its a crate motor. It would be easy to add anything that is car related into this business and it would do well.
Financing:
Ask about price of the whole building & rented warehouse total SQFT is 30 ,000
Support & Training:
If new owners are needing training of business that will be available for a few months .
Reason for Selling:
Upcoming youth in family not interested in working this type of business
Franchise:
This business is an established franchise
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Business Listed By:
vicki kornegay

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