Houston Specialty Shop with Property
Business Description
RPM has another shop for sale...
This auto repair business works on specific makes. They've been at it a long time and they pretty much have it figured out. The techs are talented and they've been with the business for a long time and they will more than likely stay after the transition.
The reason to buy this shop is the customer base and the techs and the reputation. It's a great shop.
The reason to not buy this shop is that the revenue is a little out of synch with the property value. The shop owner has made no effort to increase business at all for the last several years. He has been happy with the money he was making. In the mean time...the property has increased in value. This is common in the auto repair industry here in Texas. So the new owner needs to get the revenue up some to really make the good money.
I sell auto repair shops in Texas. I sell auto repair only. I do not sell any other kinds of businesses.
This is a great shop and I want you to buy this one. But if it doesn’t work for you for some reason you still might want to give me a call or visit my website at www.rpmshopsales.com
This auto repair business works on specific makes. They've been at it a long time and they pretty much have it figured out. The techs are talented and they've been with the business for a long time and they will more than likely stay after the transition.
The reason to buy this shop is the customer base and the techs and the reputation. It's a great shop.
The reason to not buy this shop is that the revenue is a little out of synch with the property value. The shop owner has made no effort to increase business at all for the last several years. He has been happy with the money he was making. In the mean time...the property has increased in value. This is common in the auto repair industry here in Texas. So the new owner needs to get the revenue up some to really make the good money.
I sell auto repair shops in Texas. I sell auto repair only. I do not sell any other kinds of businesses.
This is a great shop and I want you to buy this one. But if it doesn’t work for you for some reason you still might want to give me a call or visit my website at www.rpmshopsales.com
About the Business
- Years in Operation
- 40
- Facilities & Assets
- The building is pretty good size. It's about 11,000 sf on something less than an acre. Sold comps in the area suggest an asking price of $1,670,000 for the property. The business is $280,000 so that brings us to the $1.95m. Several bays. Plenty of parking. Ceilings are high. Roof is good. Easy access in and out of the repair facility. This is not a strong retail location. It's tucked away a little bit. But customers find the shop. No shortage in terms of customers finding the business.
- Market Outlook / Competition
- The current owner is a good businessman. He's run the business profitably for many years. But he is comfortable at the current level of profitability and has not made any effort to increase business. It is ready for a new owner to take the reins and push it to the next level. See Growth and Expansion below.
- Opportunities for Growth
- Virtually any auto repair shop can be improved upon by implementing a well thought out marketing effort. Shops that are for sale are usually being sold by retiring owners. And retiring owners...guys in their 60s and 70s...have a strong tendency to rely on reputation and word of mouth. They almost never use direct marketing or social media. This business fits into that category. The core business and reputation is strong but needs new blood to push it to the next level.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 11,000
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- Two weeks. More if needed.
- Financing Options
- The way to go on this one is to finance the property with a conventional loan and the
Listing Info
- ID
- 2420151
- Listing Views
Listing ID: 2420151 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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