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Auto Repair with Fuel Sales Property Included

Houston, TX
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Asking Price:$1,675,000
Inventory:$2,500
Real Estate:$1,250,000
Gross Revenue:$1,800,000
FF&E:$75,000
Established Year:1975
Listing ID: 2248187Listing provided by BizBuySell
BUSINESS DESCRIPTION

RPM has another shop for sale...

This long standing auto repair business also sells gas. It's a good location with good demographics and high traffic. There is staff in place that can handle the day to day operations.

The property and the business are being offered as a package. The seller is not interested in selling business only and being a landlord. We have comps in the area that support an asking price of $1.25m for the property. We've sold a lot of auto repair businesses and we think the business is worth $425k. So the calculator that I am using says that adds up to $1.675m. There is a lot of upside to this one.

I give priority status to buyers that call. I owe it to my client. Buyers that call are 20x more likely to buy a shop than buyers that only email. So I am forced out of a fiduciary responsibility to my client to work more closely with buyers that call. I have to do it. Call me.

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

DETAILED INFORMATION
Location
Houston, TX
Inventory
Included in asking price
Real Estate
Owned
Building SF
2,500
Employees
8
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Four bay with a lobby. Overall it's in pretty good condition. But a little bit of updating wouldn't hurt.
Competition
There are two important points to make here: The first is that 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. The second point (and it's a big one) is that a good chunk of Houston is growing. This shop is located in one of those areas.
Growth & Expansion
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.
Support & Training
A couple of weeks should do it. But we are flexible with training. The seller wants the buyer to succeed.
Reason for Selling
Retirement
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Luke Crane
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Luke Crane
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