Broker Name:Moon Kim
Broker Email:info@v-aidgroup.com
Broker Phone:1-866-519-2421
Broker Address:2727 LBJ Freeway #775 Farmers Branch, TX 75234
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National Franchise Auto Collision Repair Center in West Dallas
(Automotive)
Dallas, Texas
Listed Price: $ 365,000
Listing ID: 000849

Listing DetailsDown Payment: $ 182,500
Gross Revenue: $ 897,160
Cash Flow: $ 159,823
FFE: $ 80,000 (Included in Price)
Inventory: $ 5,000 (Included in Price)
Reason for Sale:

Retirement


Training & Support:

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


Listing SummaryBusiness Description:

National franchise automotive collision repair & painting shop is now available for acquisition. The business was originally established by the previous owner in early 1990s and acquired by the current owner as the fourth franchisee in 2014. 25-year established automotive repair business occupied in a 8,598 SF space of free standing building is conveniently located just off the major highway in a city. The business is an American franchise of auto painting and collision repair shops, and one of the largest providers of auto paint and collision service. The business offers high quality reliable services such as paint service, cosmetic car repairs, repair program for insurance claims and etc. with affordable price point. Competition is expected for this type of business industry, but these business is competitive in terms of auto paint and collision service due to its strong brand name widely-known to people and reasonable price points while the business has been established about 25 years and has built a strong customer base which consists of many loyal customers in the area. Overall demographics of the automotive repair shop is well mix of ethnic groups and the customers are range from national fleets, dealerships, insurance, individuals and etc. within 40-50 mile radius from the business. The national franchise automotive repair shop has been well-positioned in immediate market area of each location and has been successfully operated with consistently increasing revenue for the last several years. Gross sales average for the shop has been in the range of $850,000 to 900,000 per year. Some marketing has been proactively undertaken by corporation such as media, TV, social media outlet and etc. Although some marketing is in place through corporation, other proactive marketing methods such as special deals, flyers, social media outlets and etc. need to be utilized to achieve maximum income capacity as well as growing the customer base with individuals outside the immediate market area. This is a great opportunity to acquire a national franchise automotive repair & body painting shop for potential buyer who is willing to be more hands-on in the day to day operation and proactive marketing to reach out to untapped areas of the city.


Competition:

Competition is expected for an industry like this, but this business is highly competitive in terms of auto paint and collision service with strong name awareness nationwide and reasonable price points while also having been established longer than most of competitors in the area.


Potential Growth:

Some marketing are being proactively done by corporation such as TV, media and social media. More offline marketing such as direct-mailing, email marketing, flyer and special deal etc. to local area will boost the sales by reaching out to customers within untapped areas of the business.


Financing/Terms:

100% down at the time of closing or 50% Cash Down with SBA Financing for Qualified Buyers with Industry Experience.


LocationSquare Footage: 8598
Facilities:

The business is located in 8,598 SF freestanding building that is conveniently located next to major highway next to intersection nearby densely populated residential neighborhoods and retail chain.


OperationYear Established: 2014
Employees: 3FT/5PT
Absentee Owner: No