DFW Area Auto Repair with Property
This auto repair shop is listed for sale at $1.5m. The asking price includes business and property. The business performs general automotive repair. The asking price for the property is supported by comps in the area. The business asking price is a normal multiple of cash flow. Tim House is the contact for the business. Athena Navarro is the contact for the property.
Retirement
The shop was built in the late 1990s and is in good shape. Located on a major thoroughfare in the DFW area, the property features easy in and out access. The area is growing and a lot of cars drive by this location every day.
Two weeks should do it and the current owner is willing to do that.
The current owner is a good businessman. He's run the business profitably for many years. But he is comfortable and has not made any effort to increase business. It needs new blood. The second point (and it's a big one) is that a good chunk of DFW is growing. This shop is located in one of those areas. Auto repair is a steady business. When times are good...people get their cars fixed. When times are tough they still get their cars fixed. Auto repair is not recession proof but it is recession resistant.
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.
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DFW Area Auto Repair with Property
This auto repair shop is listed for sale at $1.5m. The asking price includes business and property. The business performs general automotive repair. The asking price for the property is supported by comps in the area. The business asking price is a normal multiple of cash flow. Tim House is the contact for the business. Athena Navarro is the contact for the property.
Retirement
The shop was built in the late 1990s and is in good shape. Located on a major thoroughfare in the DFW area, the property features easy in and out access. The area is growing and a lot of cars drive by this location every day.
Two weeks should do it and the current owner is willing to do that.
The current owner is a good businessman. He's run the business profitably for many years. But he is comfortable and has not made any effort to increase business. It needs new blood. The second point (and it's a big one) is that a good chunk of DFW is growing. This shop is located in one of those areas. Auto repair is a steady business. When times are good...people get their cars fixed. When times are tough they still get their cars fixed. Auto repair is not recession proof but it is recession resistant.
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.
"*" indicates required fields
This auto repair shop is listed for sale at $1.5m. The asking price includes business and property. The business performs general automotive repair. The asking price for the property is supported by comps in the area. The business asking price is a normal multiple of cash flow. Tim House is the contact for the business. Athena Navarro is the contact for the property.
Retirement
The shop was built in the late 1990s and is in good shape. Located on a major thoroughfare in the DFW area, the property features easy in and out access. The area is growing and a lot of cars drive by this location every day.
Two weeks should do it and the current owner is willing to do that.
The current owner is a good businessman. He's run the business profitably for many years. But he is comfortable and has not made any effort to increase business. It needs new blood. The second point (and it's a big one) is that a good chunk of DFW is growing. This shop is located in one of those areas. Auto repair is a steady business. When times are good...people get their cars fixed. When times are tough they still get their cars fixed. Auto repair is not recession proof but it is recession resistant.
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.