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Franchised Auto Repair Transmission Shop Collin County

Collin County, TX

Seller Financing Available
Bldg
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Asking Price: $350,000

Cash Flow: $150,000

Gross Revenue: $600,000

EBITDA: $91,000

FF&E: $75,000

Inventory: $5,000

Rent: $4,250 /Month

Established: 2017

Franchised Auto Repair Transmission Shop Collin County

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Business Description

An Absentee run Auto Repair Shop Collin County

This shop provides general automobile repairs with emphasis on transmission services is being operated totally absentee since it opened about two years ago. This shop is fully equipped with eight bays within a free standing leased buildings. The location was picked by the franchiser, The demographics is high income and growing - serving Lavon, Wylie.and the surrounding area of the North East Dallas Metroplex. It can be obtained at a cost within the range as a “Startup” with the advantage of having a good team of employees including a good manager in place The current owner has a corporate job and another business and is unable to allocate enough time and effort to oversee both business and his job. Historic financials will show that it reached break even in 2018 . Annualized earnings for 2019 point to a net profit (EBITDA) of $90,000 . For a motivated owner following the franchisers system should be able to grow the business significantly without adding labor. Included in the sales price is an intensive training program provided to a new owner by the franchiser for the first two years

Detailed Information

Location:
Collin County, TX
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
5,000
Lease Expiration:
N/A
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Free Standing eight bay
Growth & Expansion:
High growth
Financing:
175000
Support & Training:
A comprehensive two years by the franchiserr
Reason for Selling:
Other Business demans
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(from currently available funds)
 
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Bob McDowell

Business Listed By:
Bob McDowell

McDowell Business Associates

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers.

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