Auto Repair & Service Shops
Active
Own a legacy store in the racing, hotrod and autoparts for all cars
Galveston County, Texas, United States
Asking Price$1,500,000
Revenue$1,234,415
EBITDA-
Cash Flow-
Description
For forty-plus years this business has been supplying name brand and after market auto parts of mom's car and the race car or hotrod that Dad and Son have worked on forever! Professional racers and hobbiest still frequent this store for the expert service and advice that only well-tenured staff members can offer. Seller is ready to retire, but will stay on for two months to train a new owner. After two months, he would stay longer at a negotiated rate for consultation purposes. Sales for the last three years have run between $1,234,000 and $1,573,000, with SDE running between $661,000 and $227,000. The business has about 1/2 ac. of land and occupies the hard corner of the intersection. Easy to find location and easy to get in and out. There are plans for a 6 acre apartment project to go up nearby and restaurants and tourist attractions are in the neighborhood. The time is right and the time is now for you to own your destiny. Click on the NDA below and information will be sent to you so you can make an informed decision on the opportunity. This property is hot so DO NO WAIT!
Real EstateBuilding Size: 5000 sq. ft.
$900kIncluded in Asking Price
Furniture Fixtures & Equipment
$20k
Inventory
$400kIncluded in Asking Price
Business is
Relocatable
Number of EmployeesFull-Time: 12
Year Established
1987
Reason Selling
RETIREMENT
Facilities & Assets
5,000 sq. ft. building on about 1/2 acre corner tract. Price includes two large metal containers full of older engine parts. All machining tools and experienced machining staff will go with the business.
Market & Competition
Not but four significant auto parts retailers in the trade area and no machine shops, to my knowledge, are in the area.
Growth Opportunities
The auto parts store should offer delivery services to repair shops and take this advantage away from competitors. The machine shop is where the profit is and the new owner should hire some additional helpers an prospect area repair shops.
Financing Options
Seller financing is available.QUALIFIES FOR SBA
Business listed by
Business Brokers of Texas
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