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Listing No.: 219-20382
Category: Auto
Asking Price | $715,000 |
Down Payment | |
Gross Revenue | $460,000 |
Total Adjusted Net Income | $112,000 |
Equipment / Fixtures | $30,000 |
Year Established | 2015 |
General Location | Southeast Houston |
4,000 sf of auto repair with plenty of available space for parking. Owner is wanting to focus on their auto dealership. The business has been here for over 30 years. Seller has owned since 2015. 5 lifts- all above ground, 3 mechanics and 1 service writer. At this price, seller saysthat a buyer would have a great opportunity to increase business which would be explained to a qualified buyer. Business operates Monday through Friday, however seller believes that the business should be open on Saturdays. Seller owns the building and wants to sell the building and property with the business. If you enjoy working with autos (not working on them), then this great opportunity may be for you.
Gross Revenue | $460,000 | Listed Price | $715,000 |
Total Income | $112,000 | Down Payment |
Base Rent | Square Feet | 4235 | |
Total Rent | Lease Expiration | ||
Rent Deposit | Lease Options |
Inventory | $10,000 | Leasehold Improvements | $5,000 |
Equipment / Fixtures | $30,000 | Other Assets |
Full-Time Employees | 4 | Training Period | Five (5) days |
Part-Time Employees | Special License Required | ||
Contract Staff | Reason for Selling | Sellers need to focus on new business. |
The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.
FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.