UNDER CONTRACT! Highly Profitable Automotive Business in Dallas County

Dallas County, TX

UNDER CONTRACT! Highly Profitable Automotive Business in Dallas County
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Asking Price: $249,000

Cash Flow: $135,981

Gross Revenue: $474,276

EBITDA: N/A

FF&E: $100,000

Inventory: $15,000

Rent: $5,500 /Month

Established: N/A

UNDER CONTRACT! Highly Profitable Automotive Business in Dallas County

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Business Description

Automotive Repair & Sale Shop at a Very Busy Location in Dallas County!!!

This business is a one-stop shop for auto repair, tires and alignment, state inspection, and auto sales with a 25-car lot. There is also space available for body shop and auto detail. The business has Clean Title and Salvage Title dealership license and registered with all auctions. This shop has a total of 7 bays: 3 for mechanic, 3 for tires and alignment, and 1 for state inspection.

Due to its great service and location, the sales and profitability have been steadily increasing. The current owner is relocating overseas to be with his family and that’s the primary reason for business sale.

This business has been established for more than 20 years. The current owner purchased it in December 2011 and has consistently grown the business. The current owner would like to hand over this business to an energetic buyer who can continue the success of this business.

This business has been pre-approved for an SBA loan by a national bank for qualified buyers.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
27,833
Lease Expiration:
11/30/2022
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This is a well-equipped and furnished auto shop ready for a new owner. The auto repair section has 3 bays, the tire section has 3 bays and the state inspection area has 1 bay with a grand total of 7 bays. The present location is nicely built with 4884 sq. ft. covered area and 27,833 sq. ft. total area with monthly rent of $5500 (includes NNN).
Competition:
There are several auto shops in the area but due to its high quality work and service, customers keep coming back to this shop. Increasing sales and profits are a clear testimonial to the success of this auto business.
Growth & Expansion:
Current owner has not done much marketing or created any significant online presence. A new owner can significantly increase revenue by focusing on these areas. The current location has enough room to add a body shop or auto detail service. A new owner who can add body shop service can easily double or triple the revenue since body shops work almost exclusively with insurance companies.
Support & Training:
2 weeks
Reason for Selling:
Relocating Overseas
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(from currently available funds)
 
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Saleem Marwat, MBA

Business Listed By:
Saleem Marwat

Transworld Business Advisors

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