Work/Live/Play 7.5 Acre Pool Home & 3 Auto Sales/Salvage Businesses

Spicewood, TX (Travis County)

Seller Financing Available
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Asking Price: $1,200,000

Cash Flow: $195,000

Gross Revenue: $495,000

EBITDA: $495,000

FF&E: $62,000

Inventory: $192,000

Real Estate: $910,000

Established: 2011

Work/Live/Play 7.5 Acre Pool Home & 3 Auto Sales/Salvage Businesses

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Business Description

Profitable Auto Sales, Reconditioning, Repair & Salvage Opportunity

Incredible Live Work Play Pool Home on 7.5 Acres in Spicewood!

Live, Work and Play on this Spicewood 7.5 Acre Property. Completely fenced and Wired for Dog Shock collars. Separate driveways and gates to residence and business. Live in or rent out all or part. Lots of opportunity for living quarters and lucrative business.

House: 2800 SF Modern Tri Level custom built in 2007. 4 Bedroom, 2 Full Bath, 1 1/2 bath in Pantry/Laundry Room. Completely private and not visible buy any neighbors due to its amazing location. New water well, (3.0 Gallons per minute 2016) 3,000 gallon water tank backyard completed in 2017 consisting of massive custom built heated pool and hot tub with swim up bar, beach entry, sun tan ledge, waterfalls and even a cave. Plumbed for solar panels that have not been installed yet. Paved roads and driveway with several culverts for storm water runoff.

20’ x 24’ Pole Barn, metal roof, wired & plumbed. Fenced Garden (30x40) and Greenhouse (20’x20’) with water, 220 service just requiring minimal completion. Clear paneling need to put on, fans installed etc.

Business: Currently operating Used Car Sales, Service, Salvage Rebuilding, Buying/Selling Salvage Vehicles and Recycled Used Parts business. Very lucrative business with lots of opportunity. Buy, Fix, Sell, Dismantle and Sell Used Parts. Currently hold Texas Used Car Sales Permit (P Number) which allows for the resale of used autos and trucks. Also, Texas Salvage Permit which allows access to Nationwide Salvage Auctions. Also, Texas Salvage Rebuilder license which allows rebuilding salvage vehicles in converting them to Texas blue title (Rebuilt) vehicles. Last, Texas Recycler Permit to disassemble and sell all components of each vehicle to the General public, on eBay, craigslist and Car-part.com. We have been here since 2012 and have hundreds of very loyal customers. Google listed, excellent reviews. Continued efforts advertising on craigslist and Facebook drive considerable traffic for continued sales growth.

Shop and Office consist of 7500 SF workspace, on well, separate septic tank and sewer. TONS of storage space, even unfinished (Framed, Wired, Plumbed, Insulated) living quarters above. Built in 2016, concrete floors. Comes turn key and fully functional with 5 HP 2 Stage industrial air compressor, car/truck 12,000 pound hoist/lift, Recycled oil burning 400,000 BTU heater, Central AC unit, New tire changing machine, tire/wheel balancer, 4000 psi heated pressure washer, Small Frame/Unibody Pulling machine, Complete Board with ALL Mo-Clamp pulling accessories, Toyota Propane Forklift, 400 SF Office, Computers with all Auto Sales management software, parts recycling software, printer, thermal label printer, file cabinets, huge safe, 16 HD infrared security cameras with hard drive recording capability. Also available his 2012 Dodge Ram DRW Diesel truck (60,000 miles) And Kaufman four car hauler/trailer, both TX/US DOT licensed, registered and insured for transporting vehicles. 30 HP diesel Kubota Tractor.

To build this business from scratch you are looking at months to apply for: State of Texas business license, reseller license, above listed 4 licenses from DMV, Sales Tax Exempt Permit.

As the general manager/property owner, I would be willing to train incoming owner/staff for successful transition.

Cost Outlay:

Land 295,000
House (@225.00) 630,000
Pool, Backyard 132,000
Shop 182,000
2- Septic Tanks, Drain Fields 34,200
Shop Equipment 19,500
Water Well 18,400
Utilities, Excation, Ponds, Pumps 38,400
Roads, Paving 75,800
Fencing, Invisible Fencing 22,400
Barn 5200
Out Buildings 4,500
Garden 1500
Green House, Hydroponics equip 3500
Truck, Trailer 48,000
Computers, Hardware, Software 6500
Office Equipment, Supplies,Furniture 2500
Used Parts Inventory 72,500
Used cars, trucks Inventory 152,000

TOTAL TANGIBLE 1,673,000
TURNKEY BUSINESS VALUE 225,000
TOTAL 1,673,000

GROSS REV

Detailed Information

Location:
Spicewood, TX
Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
10,500
Employees:
8
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
See above (Home Based)
Competition:
20 minutes away from Austin which is experiencing explosive growth at 250 people per day. No other dealers for 10 square miles.
Growth & Expansion:
Tons of room to expand and grow business. Salvage recycle business just started February 2019 and is highly profitable. Estimated sales revenues should exceed $150-200,000 this year. Remaining Property could be subdivided and numerous home sites or other businesses established in the future.
Financing:
Possible terms
Support & Training:
Owner to stay on to facilitate a smooth transition. All employees in 1099 subcontractors will remain to service and continue work the business with you.
Reason for Selling:
Relocating to Oregon where family is
Home-Based:
This business is Home-Based
Franchise:
This business is an established franchise
Business Website:
http://Www.accordkings.com
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Business Listed By:
Steven Kroo

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