Full Service Auto Repair Shop

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SBA pre-qualified at $6M with $4.4M real estate included
Asking Price:
$1,600,000

Gross Revenue:
$2,402,697
Cash Flow:
$793,037
EBITDA:
$793,037
Inventory:
$10,000
included in asking price

FF&E:
$600,000
included in asking price

Real Estate:
$4,400,000
not included in asking price

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Business Description

This full-service auto repair center in Tarrant County is not your run-of-the-mill repair shop. Everything about it is unique and stands out as compared to most other repair businesses. From the size and quality of the facility to the operational processes and customer amenities - there is a reason why this business is receiving awards and accolades.

At its core, this business does automotive repair on just about anything - compact cars, luxury imports, trucks, busses, RVs - really any make or model, there is nothing they can’t work on. Whether it’s as simple as an oil change, or transmission work, brake jobs, A/C repair or complete engine overhauls, they provide a wide range of services to this broad customer base. About 80% of their work is what the owner would consider major repair jobs, with tickets in the $10,000-$12,000 range.

The financials presented are conservative projections for 2018. Three years of complete financials will be provided after the NDS is completed.

The $1.6M asking price does not include the business' real estate, which was recently appraised at $4.4M. The total asking price for the business and real estate is $6M. The owner is only interested in selling both the business and real estate together. We have lenders that have pre-qualified the transaction at $6M.

About the Business

Number of Employees:
18
Real Estate:
Owned
Building Sq. Ft.:
7,600
Facilities:
The $4.4M property includes a 7,600 sq. ft. facility on .75 acres, located on one of the busiest roads in Tarrant County.
Market Outlook/
Competition:
The owner prides himself on having a unique business model and operational philosophy that sets this business apart from most competitors in the area. Additionally, the facility has a "national brand" feel to it and offers state-of-art equipment.
Growth & Expansion:
The business has ample capacity and could double the number of service advisors from two to four if the new owner wanted to ramp up the marketing schedule and immediately add volume.
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About the Sale

Reason For Selling:
Health and family
Training/Support:
The seller will remain with the business for up to three months to train and transition the new owner.
Seller Financing:
Seller will consider carrying note if required as part of SBA loan

Listing Info

ID:
1560823
Ad Detail Views:
61

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Business Listed by

Jeremy Furtick

Sigma Mergers & Acquisitions

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Sponsoring Broker:

Scot Cockroft
Sigma Mergers & Acquisitions

U.S. Census Data for Tarrant County, TX
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Tarrant County, TX
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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