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BUSINESS FOR SALE - PROFILE #  42060328

Auto Service & Minor Repair
Dallas, TX

Asking Price: $149,000   Down Payment: $149,000  
Gross Revenue: $543,056   Adj. Cash Flow*: $48,331  
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Executive Summary
This is a 37-year-old independently owned, auto service and minor repair business in Dallas, TX. The company started as specialists in Volvo, Saab and Peugeot service. As driver habits evolved and Japanese cars became more popular, the company expanded into servicing Toyota, Lexus and other Japanese brands. Toyota and Lexus are now the predominant brands serviced, while Volvo continues to be an important part of the mix. The shop occupies a very large 12,000 square foot facility on a highly visible corner, only one block from the intersection of two high-traffic roads. Rent is very reasonable at $4,000 per month on a building of this size, and the landlord is willing to extend a new lease to the Buyer of this business. The shop contains twelve service bays with twelve hydraulic lifts. It has three huge bulk oil bins for a large fluid service business. The building also has a large upstairs mezzanine used for storage and parts. There is a clean, beautiful lobby complete with ample seating in the waiting room. There are also multiple private offices including a large owner's office, storage rooms and multiple restrooms. The price of the business includes all tools, lifts, inventory and equipment. It also includes six customer loaner vehicles. The owner has reached retirement age and wishes to sell his business at a bargain price due to the recent downturn. Covid affected the business due to fewer people driving and servicing their cars. But the business is still profitable and returning to pre-Covid levels. And, a good aggressive new operator should be able to expand the service offerings into other brands to grow the business.

A most interesting aspect is the opportunity to add car sales to this business. There is parking for 50 cars on the parking lot, so a new owner might consider auto sales as well. This is a terrific opportunity for a new owner to take over a profitable business and evolve it into a larger and more profitable business.

Acquisition Highlights

  • Very strong recognizable name brand.
  • 37 years in same location
  • Training Information:  4 weeks
  • This business is not a franchise
Business Synopsis

Asset Information (estimated fair market value)

Established in: 1984 Inventory: $1,000 Included
Employees: 3 Furniture, Fixtures & Equipment: $18,000 Included
Lease/Rent: $4,000 Real Estate:
Building Sq Ft: 12000
    Total Assets Included in Sale: $20,000
 
* Adj. Cash Flow -  Recasting provides an economic view of the company and allows meaningful comparison with other investment opportunities.
Additional business details are available to Principals only. You will be required to document your ability to complete the proposed transaction.  Please use this link to request more INFORMATION which will be sent to the listing office.
DISCLAIMER: All information contained in this document has been provided by the subject company or its agent, and while believed to be correct has not been verified. Accordingly, we makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that we shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by us of this document. At all times we are an agent for the seller and not for the buyer unless a specific agreement exists for us to act as the buyer's agent.

FOR MORE INFORMATION:

Contact:  John Harris
Phone: 
E-mail:  johnh@vrdallas.com
VR Business Brokers - North Dallas, TX
17120 Dallas Parkway
Suite 240
Dallas, TX 75248
The above company and/or agent is a licensed real estate broker/and or a business broker.
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