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Established Engine Rebuild/General Auto Repair Shop In North Dallas, Dallas County For Sale

North Dallas, Dallas County, Texas, US
Asking Price:
$335,000 Furniture / Fixtures included
Sales Revenue:
$768,442
Cash Flow:
$249,825

An auto repair shop for sale with high volume in a prime location for engine wholesale, rebuild, and repair shops in North Dallas is now available for acquisition. This business was originally established eight years ago by the son of the current business owner, in 2014. This business is in a 4,800-square-foot freestanding building located in the hub of a well-known city for a corridor for automotive-related repair shops. Originally, the son operated the business for the first 4-5 years, and a much more experienced and knowledgeable father took over the business in May 2019. The sales have significantly gone up since.
Competition is expected for this type of business industry. Still, this business has a competitive advantage over others by importing genuine and original engines and parts offered at reasonable and affordable prices. Few other competitors have gone out of business in the immediate area. This engine wholesale business offers high-quality, genuine parts and engines imported from Japan and general automotive services such as brakes, transmissions, engines, and engine rebuilds. This business has an established customer base and consists of individuals from the local area, out-of-state, and used auto dealerships from the surrounding area. Gross sales have been approximately $27,000 per month while the son has been operating. Still, since the father took over the business in May, sales have significantly increased to $43,000 per month with minimal marketing. The 2020 and 2021 monthly gross revenue have grown to $55,000 due to the expertise, knowledge, and customer service the current owner is fully able to provide, and 2022 is projected to be a record year as the monthly sales have been growing steadily and are approximately $80,000. Currently, most customers come from word of mouth and referrals, and minimal marketing is in place. The owner is not proactively marketing the business for fear of an overwhelming workload and an inability to provide quality service and timely jobs. Hiring an additional technician and implementing proactive marketing methods such as social media outlets, email marketing, web-based advertisements, direct mailing, etc. must be fully utilized to achieve maximum income potential. Marketing efforts to acquire local auto dealers' corporate accounts can also greatly improve overall sales. Many unused spaces in the office could be turned into a showroom style with engines, transmissions, and retail merchandise to advertise the products the business provides. This engine wholesale business has done very well with its groundwork and is poised for next-level growth with more proactive marketing and a tech-savvy owner. A potential buyer must be experienced and knowledgeable in this industry and put some marketing effort into promoting the business to expose itself to local customers and the online marketplace.

Property Information

Real Estate:

Lease

Location:

This business is located in a 4,800 SF of freestanding building is located next to an intersection with consistently heavy traffic as well as densely populated neighborhoods. This business has plenty of parking spaces and is only open for 5 days of the week. All equipment is in great condition and in working order.

Size in square feet:
4,800 SF

Business Operation

Expansion Potential:

There is currently no marketing done to grow the business proactively, and the business needs a full scale of marketing, including online and offline marketing. The working area is almost over 3000 SF and has five lifts, but it is underutilized. An owner with experience may expand the business to offer more general auto-related repairs to increase overall sales.

Competition / Market:

This business has no competitors in the immediate market because the engines are high-quality genuine parts directly imported from Japan, and the pricing point is very affordable and reasonable.

Reasons for selling:

Relocation / Retirement

Employees:
4FT
Years established:
2014

Other Information

Support & training:

Owner will provide a sufficient training for an agreed upon period to make the transition into the business as seamless as possible.

Financing available:

100% down at the time of closing or 30% Cash Down with SBA Financing for Qualified Buyers with Industry Experience.

Furniture / Fixtures value:
$80,000 - included in the asking price
Inventory / Stock value:
$25,000
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