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Houston Specialty Shop

Houston, TX
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Asking Price:$2,430,000
Gross Revenue:$3,900,000
Rent:$144,000/Year
Established Year:2001
Cash Flow:$745,000
Inventory:$20,000
FF&E:$350,000
Listing ID: 2260106Listing provided by BizBuySell
BUSINESS DESCRIPTION

This opportunity is under contract...

RPM will not be sending out marketing profiles or conducting buyer interviews with the seller. We can talk about the deal some. But it is somewhat limited.

This automotive repair business performs a specialty automotive repair service. They do pretty much one thing and they do it well. Techs are long tenured and responsible. The new owner needs to be there...but there is some secondary management in place that allows for some flexibility.

This is a well run shop. It is apparent the second you step into the facility.

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
Leased
Building SF
9,250
Lease Expiration
31/07/2026
Employees
16
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
This business has two locations. Both locations are on high traffic thoroughfares. Lots of cars drive by every day and the businesses are very noticeable. Both locations are leased. The facilities are approximately 4,000 sf and 5,250 sf. The square footage on the ad says 9,250...so that's the combination of both locations. Lease rates are $66k and $78k per year. The leases are NNN. Long term leases are in place or are available. There is a good relationship with the landlord. We won't have a problem with the leases.
Competition
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.
Growth & Expansion
Virtually any auto repair shop can be improved upon by implementing a well thought out marketing effort. This business has a fine marketing program in place. It is well run. What it needs is a full time owner on site and pushing it to the next level. There is room at both locations for additional revenue. Neither location is operating at full capacity.
Financing
Books are clean. The SBA is all over this one.
Support & Training
Couple weeks should do it. But we'll give the new owner whatever he needs to get him off on the right foot.
Reason for Selling
Other business interests.
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Luke Crane
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Luke Crane
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