Absentee Owned Mechanic Shop in Spring For Sale
Listing: # 8249
Price: $ 300,000
Location: Houston
Listing Profile
| Classification: |
Auto-Related |
| Purchase Price: | $300,000 |
| Real Estate Price: | $0 |
| Working Capital: | $0 |
| Total Investment: | $300,000 |
| Down Payment Required: | $300,000 |
| Gross Revenue: | $535,132 |
| Discretionary Earnings: | $130,849 |
| Imputed Rent: | $0 |
| Total Cash Flow: | $0 |
Description and Operations
| Established Date: | 2017 |
| Monthly Rent: | $1,775 |
| Reason for Sale: | Owner has full time job that is increasingly taking more of his time and does not have the time needed to grow the shop. |
| Employees(Full): | 8 |
| Employees(P/T): | 0 |
Reason for Sale:
Owner has full time job that is increasingly taking more of his time and does not have the time needed to grow the shop.
Description:
This auto and truck transmission repair shop with 4 lifts and 3 bays was established over seven years ago in Conroe. It was purchased and relocated to its current location just south of The Woodlands. Sixty percent of their customers come from the surrounding communities. The remaining customers come from the company’s internet Website and Facebook marketing. Current billing rate for the shop is $125 per hour. The business has the potential to grow quickly by increasing the internet advertising and using social media marketing. Owner will train buyer in all aspects of the business though current owner is operating the business as an absentee owner.