Greater Friendswood area established Automotive Mechanical Shop
| Asking Price: | $1,190,000 |
| Gross Revenue: | $717,821 |
| Established Year: | 2022 |
| Cash Flow: | $130,000 |
| Real Estate: | $800,000 |
Business Description: We are pleased to announce the business and real estate sale of a thriving auto mechanic shop located in the heart of the Greater Friendswood area. This well-established business offers a prime opportunity for growth and success, with a strong foundation and valuable assets included in the sale, such as real estate and equipment.
Services/Products Offered: We provide a comprehensive range of auto repair and maintenance services, including but not limited to engine diagnostics, brake repair, tire services, oil changes, and more. Our shop features a 3-bay setup with an additional fourth bay equipped with a Challenger 2-post lift valued at $5,000. One of the front bays is equipped with a John Bean scissor lift and alignment machine valued at $15,000. All FF&E is included in the ask.
Additional Information:
· Revenue Breakdown: Our revenue is diversified, with 10% coming from Fleet business, 40% from maintenance services, and 50% from repair services.
· Growth Potential: There is a significant opportunity to focus and expand the Fleet business segment, which has been steadily increasing.
· Sale Details: The business is being sold with an SDE of 3.0 and the real estate at a CAP rate of 7.6%, totaling a sales price of $1,190,000.
Real Estate Details:
1800 SF buiding with 4 bays and office built in 2026
Property sits on .42 acres with plenty of parking
Don't miss out on this exceptional opportunity to own a thriving auto mechanic shop with included real estate in the Greater Friendswood area. Contact us today for more information or to schedule a viewing
