Auto repair shop for sale with high volume

Asking Price$335,000

Cash Flow
$146,625
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$580,306

Inventory$25,000
Not included in asking price
FF&E$80,000
Included in asking price
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Auto repair shop for sale with high volume


Asking Price$335,000

Cash Flow
$146,625
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$580,306

Inventory$25,000
Not included in asking price
FF&E$80,000
Included in asking price
Business Description
Auto repair shop for sale with high volume in a prime location engine wholesale, rebuild, and repair shop in North Dallas is now available for acquisition. This business was originally established eight years ago by the son of the current business owner in 2014. This business is in a 4,800 SF freestanding building located in the hub of a well-known city for a corridor for automotive-related repair shops. Originally, the son operated the business for the first 4-5 years, and a much more experienced and knowledgeable father took over the business in May 2019. The sales have significantly gone up since.
Competition is expected for this type of business industry. Still, this business has a competitive advantage over others by importing genuine and original engines and parts offered at reasonable and affordable prices. Few other competitors have gone out of business in the immediate area. This engine wholesale business offers high-quality, genuine parts and engines imported from Japan and general automotive services such as brake, transmission, engine, and engine rebuild. This business has an established customer base and consists of individuals from the local area, out-of-state, and used auto dealerships from the surrounding area. Gross sales have been approximately $27,000/month while the son has been operating. Still, since the father took over the business in May, the sales have significantly increased to $43,000/month with minimal marketing. The 2020 and 2021 monthly gross revenue has grown to $55,000 due to the expertise, knowledge, and customer service the current owner is fully able to provide, and 2022 is projected to be a record year as the monthly sales have been growing steadily and are approximately $80,000. Currently, most customers are from word of mouth and referrals, and minimal marketing is in place. The owner is not proactively marketing the business for fear of an overwhelming workload and inability to provide quality service and timely jobs. Hiring an additional technician and implementing proactive marketing methods such as social media outlets, email marketing, web-based advertisements, direct mailing, etc., must be fully utilized to achieve maximum income potential. Marketing efforts to acquire local auto dealers' corporate accounts can also greatly improve overall sales. Many unused spaces in the office could be turned into more showroom style with engines, transmissions, and retail merchandise to advertise the products the business provides. This engine wholesale business has done very well with its groundwork and is poised for next-level growth with more proactive marketing and a tech-savvy owner. A potential buyer must be experienced and knowledgeable in this industry and put some marketing effort into promoting the business to expose itself to local customers and the online marketplace.

Listing ID #000937
About the Business
Years in Operation
11
Number of Employees
4
Facilities & Assets
This business is located in a 4,800 SF of freestanding building is located next to an intersection with consistently heavy traffic as well as densely populated neighborhoods. This business has plenty of parking spaces and is only open for 5 days of the week. All equipment is in great condition and in working order.
Market Outlook / Competition
This business has no competitors in the immediate market because the engines are high-quality genuine parts directly imported from Japan, and the pricing point is very affordable and reasonable.
Opportunities for Growth
There is currently no marketing done to grow the business proactively, and the business needs a full scale of marketing, including online and offline marketing. The working area is almost over 3000 SF and has five lifts, but it is underutilized. An owner with experience may expand the business to offer more general auto-related repairs to increase overall sales.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
4,800
About the Sale
Seller Motivation
Relocation / Retirement
Transition Support
Owner will provide a sufficient training for an agreed upon period to make the transition into the business as seamless as possible.
Financing Options
100% down at the time of closing or 30% Cash Down with SBA Financing for Qualified Bu
Listing Info
ID
2399952
Listing Views
314
Attached DocumentsAttachment Disclaimer

NDA_Non_Disclosure_Agreement_for_000937_Auto_repair_shop_for_sale_with_high_volume.pdf


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Business Listed by: V-AID Business Investment V-AID Group, Inc.

Listing ID: 2399952 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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