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San Antonio Auto Repair with Real Estate

San Antonio, TX
listing image
Asking Price:$1,100,000
Gross Revenue:$850,000
FF&E:$30,000
Established Year:2010
Cash Flow:$210,000
Inventory:$5,000
Real Estate:$550,000
Listing ID: 2248228Listing 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 is a real straight forward deal. The cash flow is consistent and is supported by clean financials. The business is general auto repair. Nothing fancy. Just well run and profitable. The cash flow on the ad is reported as $210k. That is the cash flow if you buy the real estate and don't pay rent. I can tell you that the business is priced at 3x cash flow and the whole thing works.

The other thing is...I want you to call me and ask about this deal. Buyers that call me are way more likely to buy than buyers that only email. I give priority to buyers that call and talk to me. I will tell you why you should buy this deal...and why you should not buy this deal.

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
San Antonio, TX
Inventory
Included in asking price
Real Estate
Owned
Included in asking price
Building SF
3,400
Employees
6
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The property is included in the $1.1m asking price. That's $550k for the business and $550k for the property. That adds up to $1.1m. The property asking price is supported by comps in the area. I don't think we're asking for the moon here. It's a fair price. And the cash flow from the business will support that price. Will a lender do this deal? The answer is yes...that's a good indication that we're asking a fair price. Fair to the buyer and fair to the seller. There's probably about $30k in equipment also. The buyer gets that too.
Competition
The current owner is a good businessman. He's competent and I like him quite a bit. He's run the business profitably for many years. It's ready for a new owner to take the reins and push it to the next level. See Growth and Expansion below. Auto repair is a steady business. When times are good...people get their cars fixed. When times are tough...guess what people do. They still get their cars fixed. Auto repair is not recession proof...it is recession resistant.
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.
Financing
The SBA is all over this one.
Support & Training
Two weeks should do it. But whatever we need to do to get the buyer off to a good start.
Reason for Selling
Retirement
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Bryan
Baese
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Bryan Baese
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