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High Volume Engine Rebuild and General Auto Repair Shop for sale in North Dallas, TX

North Dallas, Texas (TX)

Asking Price: Gross: Cash Flow:
$ 600,000 $ 940,590 $ 341,573

Furniture and Fixtures Value:
$ 20,000 (included in the asking price)

Inventory Value:
$ 100,000 (included in the asking price)

Business Summary:
Prime location engine wholesale, rebuild, and repair shop in North Dallas is now available for acquisition. This business was originally established 8 years ago by the son of the current owner of the business in 2014. This business is in a 4,800 SF freestanding building that is located in the hub of a city that is well-known 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 and the sales have significantly gone up since. Competition is expected for this type of business industry, but this business has a competitive advantage over others by importing genuine and original engines and parts offered at reasonable and affordable price points and few other competitors have gone out of business in the immediate area. This engine wholesale business not only offers high-quality, genuine parts and engines that are imported from Japan but also provides general automotive services such as brake repair, transmission repair, engine repair, and engine rebuild. 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/month while the son had been operating, but since the father took over the business in May, the sales have significantly increased to $43,000/month with minimal marketing in place. The 2020 and 2021 monthly gross revenue has 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 is approximately $80,000. Currently, the majority of the customers are from word of mouth and referrals and minimal marketing is in place. The owner is not proactively marketing the business in fear of an overwhelming workload and not being able to provide quality service and jobs on time. In order to fully achieve maximum income potential, hiring an additional technician and implementing proactive marketing methods such as social media outlets, email marketing, web-based advertisements, direct mailing, etc. are needed to be fully utilized. Marketing efforts on acquiring corporate accounts for local auto dealers can also greatly improve overall sales. There are lots of unused spaces in the office that could be turned into more showroom style with engines, transmissions, and retail merchandise to advertise the products that 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 will have to be experienced and knowledgeable in this industry and needs to put some marketing effort into promoting the business to expose itself to not only local customers but also the online marketplace.For more info, please call Kevin Chung at 1-866-519-2421.

 

   
Year Business was Established: 2014
   
Number of Employees: 4FT  
   
Facilities / Terms of Lease: 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.  
   
Potential Growth/Expansion: There is currently no marketing done to proactively grow the business, and the business needs a full scale of marketing which includes online and offline marketing. The working area itself is almost over 3000 SF and has 5 lifts but is being underutilized. An owner with an experience may expand the business to add offer more general auto related repairs to increase overall sales.  
   
Competition: This business has no competitors in the immediate market area because the engines are high-quality genuine parts directly imported directly from Japan and the pricing point is very affordable and reasonable.  
   
Owner willing to finance: 100% down at the time of closing or 30% Cash Down with SBA Financing for Qualified Buyers with Industry Experience.  
   
Owner willing to train: Owner will provide a sufficient training for an agreed upon period to make the transition into the business as seamless as possible.  
   
Reason for selling: Relocation / Retirement  
   
Seller Reference Number: 000937
BusinessMart.com Listing Number: 289772
 

 

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For more info contact:

V-AID Group

www.v-aidgroup.com
866-519-2421

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