Dream Car Auto Repair and Service For Sale - 30 Year Business

Austin, TX (Travis County)

Dream Car Auto Repair and Service For Sale - 30 Year Business
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Asking Price: $325,000

Cash Flow: $130,000

Gross Revenue: $420,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $1 /Month

Established: 1987

Dream Car Auto Repair and Service For Sale - 30 Year Business

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Business Description

This is the chance to own a very successful specialized automotive repair business in the city of Austin, Texas. The business has enjoyed over 30 years of success and growth. As the community grew and evolved so did the business. It is a multi-service business specializing in full service automotive repair including but not limited to tires, brakes, alignment, A/C and all types of mechanical work. The business basically runs on autopilot at this point since the brand has a great reputation and has been around so long. The customers are from the public and most are collectors of fine automobiles across Texas.

The business currently has a staff of four, not including the owner. It has a team so strong that it is more about the team than just the owner. The team loves working for this shop and will likely stay upon transfer of ownership. The business has excellent reviews on Yelp and Google which is a direct reflection of the quality of their work. Beyond the quality of the work, the business has a relationship that clients have come to trust because of the word of mouth and reviews. The next owner can build on this. The staff are thoroughly trained, above and beyond the minimum standards, and they have expanded the great reputation that the business was founded on.

This business is very steady, with growing revenues since inception. The business was started by the current owner. Revenues were $543,783 in 2015, $544,351 in 2016 and $408,257 in 2017 (due to cutting outsourcing for body work) with 2016 seller’s discretionary earnings (SDE) of $119,345 and $127,138 in 2017. We expect 2018 to be in line.

The landlord may consider selling the property to a qualified buyer with the business.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
3,700
Lease Expiration:
N/A
Employees:
4
Facilities:
The building is 3,700 square feet on a 21,000 square feet lot. Landlord may consider selling the property to a qualified buyer with the business.
Growth & Expansion:
Location is in a high income area of Austin with very little competition in the special market the business serves. The market is growing with the growth of the city.
Support & Training:
Yes
Reason for Selling:
Retirement
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Derik Polay

Business Listed By:
Derik Polay

CGK Business Sales

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Sponsoring Broker:
Greg Knox

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