Diesel/auto/machine Shop. Willing to finance

Bryan, TX

Seller Financing Available

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Asking Price:$650,000
Established Year:1983
BUSINESS DESCRIPTION

40' x 100' Kirby steel building on 1.1 acre, 40ft. of concrete skirting on side and 20ft.in back of shop. Climate controlled machine room, seperate office, a built-in apartment and plenty of upstairs storage space. Shop has 6 one of a kind rotating lift / hoists (2 - 1/2 ton hoists in machine shop and 4- 2 ton hoists in main shop) and 1 - 2 ton hoist in back of shop (outside) and a large stationary lift w /extra large hoist that rolls forward and back. Machine shop has a Norman 467 crankshaft re-grinder w / 3 grinder wheels and original operating manual, machine can grind small crankshafts up to 8 ft, wiped down before each use and well taken care of. 3 Van Norman portable boring bars (small, medium & large) w / manuals, 2 lathes (small and large). 1 Cincinnati upright mill (small issue), 1 Blue Point valve grinder, Peterson surface grinder, 1 Kwik-Way 860L surface grinder, 1 Kwik Way rod bushing boring machine, 1 Sunnen precision honing machine, 1 portable align- boring kit, valve seat removing kit, drill press, crankshaft inventory (mainly large diesel shafts) some ground ready to go. Window A/C unit and mounted Janitrol gas heater, varsol cleaning station w / 2 rotating lifts w / electric hoists, extras. Main shop has 3 full stalls, heavy duty work bench w / 2 large vices (1 air), 80 gallon air compressor, 4 - 14ft. overhead doors 1 acid pit (outside, needs servicing) 500 gal. oil recycle drum, 100 ton track press w / many attachments and a "big" press in back of shop that houses portable track press. 2 varsol stations, plenty of cabinets. 1 large heavy duty pedestal grinder, 1 small wire wheel grinder, tons of inventory (filters, bearings, gaskets, etc.) parts that need re-organizing,hundreds of parts books and service manuals (mainly Cat, John Deere, Case, etc.).Shop has alarm system and apt. has video surveillance and monitor included, good surroundings, palm trees. Will assist if asked to introduce good customers to new owner / owners and answer questions or assist in transition. Finance will be 15% down and 6% interest rate over a 20 year period. Can be adjusted based on sale.


DETAILED INFORMATION
Location
Bryan, TX
Inventory
Included in asking price
Real Estate
Owned
Included in asking price
Building SF
4,000
Employees
3
Facilities
Shop located in Bryan / College Station Tx., fast growing area about 7 miles from Texas A & M college, shop is in partial residential area @ edge of town about 500ft. off of Hwy. 21. Shop and real estate paid off, enough parking in front and side, no fence but also no issues w / theft. 1 storage trailer, upholstery shop next door.
Competition
Great promising area, all dealers and shops mainly on hwy. 21, all shops have to send off for crankshaft re-grinding and other services, a need for service calls and road repairs. W / machine shop you can due work and crankshaft re- grinding for all because of size of grinder (largest around). My father started this business in 1957 (moved to new shop location in 1983).
Growth & Expansion
Combo diesel repair shop + machine shop will fulfill 2 services in one and could also cater to performance engine building if desired. Could pursue ATM students needs by also performing custom repairs and or hi-performance needs. Shop also does hydralic cylinder repairs and can provide surrounding counties and dealers and other shops w / crankshaft re-grinding and machine work. Can also get website and start listing many crankshafts, cyl. heads and misc. parts right away. All equipment is older but well cared for, needs re-organizing and new vision.
Support & Training
Will assist in customer relations and questions, concerns.
Reason for Selling
Been here over 40 years and ready to move on. No family to carry on or to "will"
Home-Based
This business is Home-Based

BUSINESS LOCATION
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Jeff Rust
Jeff Rust