Runnels County Auto Shop Climbing in Sales! (17593)
AutomotiveFor Sale in TX
Financial & Assets Details
About the Business
ALL INCLUSIVE with property included and financing negotiable for Asking Price within $500K - $1M! With over twenty years in business, this quality-focused automotive repair shop and tune-up center provides general car maintenance such as part replacement, tire work, alignments and oil changes among other tasks. Headquarters is a prime, freeway-fronting owned facility of 3,400 square feet that features high visibility, four bays, 2,400-sq.ft. of shop space and 1,000-sq.ft. of office room. Property has a negotiable annual lease option, is found in excellent condition and zoned for commercial use, as it services their local geographical area from its location in Runnels County, northeast of San Angelo, TX. Operated by a skilled personnel of five nonunion employees with field experience who agree to stay post-purchase, owner agrees to remain for a standard transition of twelve months under current managerial role. Besides maintaining a website and an online presence through digital marketing, advertising efforts pivot to self-promotion from radio, internet and print media, as well as a continuous email subscription. Thanks to their proven effective word-of-mouth referral source system and long-standing client relationships, the company boasts a large repeating customer base and many positive reviews. Paired with the company's great reputation, versatility and availability for same day delivery or pickup, they present several growth opportunities for a strategic buyer wanting favorable returns on investment. Projecting to outpace their previous Gross Sales number in 2019 financials, total Revenues for 2018 reached amounts of $394,896, along with Seller Discretionary Earnings of $80,717.
Financing can be negotiable for the appropriate buyer.
Leasing option can be available. Property comes included within the Asking Price!
Support & Training
Owner Transition: Period of 12 months.
Reason for Selling:
Approaching retirement and/or pursuing other interests.