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Auto Collusion Center In Spring Area For Sale

Spring, Texas, US
Asking Price:
$500,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$645,000
Cash Flow:
$270,000

This is an established and growing auto & collision shop located in the Spring area north of Houston and south of the Woodlands.  They provide parts replacements, repair scratches, vehicle painting, and do major collision and fame work on all types of vehicles.  This shop works closely with insurance companies, companies with fleets of vehicles, and individuals providing quotes and repair services.  They have a 3 bay shop located on a major street on the northside of Houston.  Major equipment includes a paint booth and frame rack. Rervenue comes from their collision center and storage fees.  Major mechanical work subcontracted.  Started just 5 years ago, this business has enjoyed substantial growth and profitability.  Financing is available through the SBA loan program with a down payment being approximately 15% of the purchase price.  

Property Information

Real Estate:

Lease

Lease Terms:

Lease expires 4-1-23

Leasehold Rent:

$52,200 per annum

Location:

Houston - Spring Area

Premises Details:

3 Bay Shop

Size in square feet:
3,000

Business Operation

Reasons for selling:

Persue real estate investments

Trading hours:

Monday to Friday 9 AM to 5 PM

Employees:
5
Years established:
2017

Other Information

Support & training:

As needed

Financing available:

Business meets SBA loan requirements

Furniture / Fixtures value:
$50,000 - included in the asking price
Inventory / Stock value:
$4,000 - included in the asking price
Related Documents:

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