Automotive Repair Business

Location: United States -> Texas -> Dallas/Fort Worth -> Collin County
Industry: Auto Related > Auto Repair

Businesses for sale Summary

A well established and very profitable automotive repair business for sale. Minimal expenses and overhead for you. They are contracted to do auto mechanic repair by ‘flag hour’ per job which is predominately insurance paid (no outstanding A/R’s). They have long established clients which provide a steady flow of work. There is a large demand for this service with minimal competition. The business can easily be grown by expanding the current service area which today is mostly in the Plano/Richardson and North Dallas vicinity. The owner needs to be an experienced mechanic to be successful.

Facilities: All work is done at the client’s sites and is mostly insurance paid. The van is completely self-contained with all necessary equipment provided for a turn key operation and minimal overhead and expenses.

Market Outlook and Competition: There is very minimal competition in the Metroplex and a large demand for the service. This is by far the most well known business of this type in the area.

Growth and Expansion: The business is easily expanded. The business is currently at 100% capacity for an owner/operator unless they are willing to work expanded hours or Saturdays.

Financials

Asking Price Range:  $250K – $500K
Gross Revenues:   $168,013
Cash Flow:   $140,845
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $50,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  2005
Number of Employees:  1 – 3
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Seller will provide at least 30 days training and support and will be available for continued support on a part-time basis afterwards to aid the transition.
Reason For Selling:  Retirement.