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Advanced Business Brokers

Profitable Auto Care/Preowned Car Sales Lot In Houston For Sale

Houston, Texas, US
Asking Price:
$670,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,563,000
Cash Flow:
$281,000

This is a profitable auto & truck repair shop and preowned auto sales lot located in the Willowbrook area on the north side of Houston, at the end of a busy shopping center. The business provides full auto repair and related services for individuals and commercial accounts.

The repair shop has 6 bays, 3 lifts, 1 alignment lift, and an in-ground pit for oil changes and underbody repairs.
They also do state inspections for 30 to 40 vehicles per month.

A portion of the shop is subleased to a used tire shop.
Staff includes a shop manager and a mechanic. The two owners handle preowned car sales with 15 to 20 cars on their lot.
They offer several types of vehicle financing as well as their own seller financing.

Currently, there are outstanding car notes worth $200,000, which are optional to purchase. The business has good financial records, which will enable SBA financing with a 5% to 20% down payment.

Property Information

Real Estate:

Lease

Lease Terms:

Lease expires 3-31-27

Lease Rent:
$63,744 per sq ft per annum
Location:

Willow Brook Area - North Houston

Premises Details:

6 Bay Auto Repair Shop & Preowned Car lot

Size in square feet:
6,810

Business Operation

Reasons for selling:

Two owners splitting up and going different directions.

Trading hours:

10 AM to 6 PM Monday to Friday and 10 AM to 4 PM on Saturday

Employees:
4
Years established:
2021

Other Information

Support & training:

As needed

Financing available:

New SBA Bank Loan with $135,000 cash down and Note for $535,000 over 10 years @ 8% interest = $6,491.08 P/M.

Furniture / Fixtures value:
$65,000 - included in the asking price
Inventory / Stock value:
$130,000 - included in the asking price