Huge Automotive Facility Capable of One Million Dollars+ in Sales

Denton County, TX

Huge Automotive Facility Capable of One Million Dollars+ in Sales
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Asking Price: $1,500,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: $300,000

Inventory: $20,000*

Real Estate: $1,400,000*

Established: 2014

*not included in asking price.

Huge Automotive Facility Capable of One Million Dollars+ in Sales

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Business Description

Prime location auto repair shop with property and a cap rate of 9.85% if rented out at market rent is available for acquisition. This business was established about 5 years ago in 2014 by the current owner of the business who has built everything from ground up. This 6,429 SF space of freestanding building is a fully-equipped automotive shop that is located next to a busy intersection with heavy traffic coming from nearby major highway and is surrounded by densely populated residential neighborhoods. Overall demographics of this business are mostly middle to upper-class individuals and families of mixed ethnicity as well as a large percentage of the customers being Blue-Collar workers from the surrounding area. Quite a few competitors are found in the immediate market area, but this business is located in a prime location with great visibility and has easy access to the store for customers compared to other competitors as well as having the biggest and finest facility which features a huge land space of 39,944 SF that has the 6,429 SF building with 14 bays. All equipment is a top-of-the-line and in great working condition. Currently, no marketing has been started by the current owner, but pro-active marketing in various methods including acquisition of new customers from untapped areas of the city is crucial to the further growth of this business. There are many ways to proactively market this business such as special deals, flyers, social media outlets and launching a business website, etc. This fully-equipped automotive repair shop offers full service repair such as oil change, alignment, brake service, tune-up, tires, wheels, state inspections, transmission, etc. in which all of the work is done on the premise. This business has done very well with its ground works, poised for next level growth. A potential buyer should be able to realize the growth by getting more involved in the day-to-day business operation and conducting pro-active marketing.

Listing ID #000840
For more info, please call Stephen Lee at 1-866-519-2421.

Detailed Information

Location:
Denton County, TX
Inventory:
Not included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
6,429
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This business is located in a 6,429 SF of freestanding building is located next to an intersection with consistently heavy traffic as well as densely populated neighborhoods. The business has a huge land space of 39,944 SF and features 14 bays with top-of-the-line equipment.
Competition:
Few competitors were found within the immediate market area, this business is optimally placed next to one of the busy roads in the city and easy to access with great visibility than other competitors. This business has biggest and finest facility in the immediate market area.
Growth & Expansion:
There is currently no marketing done to proactively grow the business. 9.85% cap rate
Financing:
100% down at the time of closing or 20% Cash Down with SBA Financing for Qualified Bu
Support & Training:
TBD
Reason for Selling:
Other Opportunities
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V-AID Group, Inc.

Business Listed By:
V-AID Group, Inc.

www.v-aidgroup.com

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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. Indicates membership in the M&A Source. The M&A Source is comprised of highly trained Intermediaries who advise on the preparation, sale and/or purchase of middle market (~$2M+ in revenue) business opportunities. 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. Merger and Acquisition Master Intermediary (M&AMI) is a professional certification awarded to Intermediaries who've achieve very stringent educational and professional requirements. M&AMI's agree to abide by an ethical code of conduct when working with business owners and buyers. The TABB Certified Business Broker certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the TABB.

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