Auto repair shop for sale with high volume 000937
Auto repair shop for sale with high volume in a prime location engine wholesale, rebuild, and repair shop in North Dallas is now available for acquisition. This business was originally established eight years ago by the son of the current owner of the business in 2014. This business is in a 4,800 SF 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 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 has been operating. Still, 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 are approximately $80,000. Currently, most customers are 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 inability to provide quality service and timely jobs. 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 to acquire local auto dealers' corporate accounts can also greatly improve overall sales. There are many unused spaces in the office that could be turned into more 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 will have to be experienced and knowledgeable in this industry and must put some marketing effort into promoting the business to expose itself to local customers and the online marketplace.
Relocation / Retirement
The owner will provide sufficient training for an agreed-upon period to make the transition into the business as seamless as possible.
This business is located in a 4,800 SF freestanding building next to an intersection with consistently heavy traffic and densely populated neighborhoods. This business has plenty of parking spaces and is only open five days a week. All equipment is in great condition and working order.
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.
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 add offer more general auto-related repairs to increase overall sales.
100% down at the time of closing or 30% Cash Down with SBA Financing for Qualified Buyers with Industry Experience.
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