Tupelo Data Room
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 Estate
$900kIncluded in Asking Price
Building Size: 5000 sq. ft.
Furniture Fixtures & Equipment
$20k
Inventory
$400kIncluded in Asking Price
Business is
Relocatable
Number of EmployeesFull-Time: 18
Year Established
1984
Financing Options
Seller financing is available.QUALIFIES FOR SBA
Asking Price$1,500,000