SOLD – Auto Repair Shop with Real Estate
A one-stop auto repair shop in Southeast Dallas with real estate is available for acquisition. This business was originally established a decade ago and was built from the ground-up by the current owner of the business in 2008. Real estate is included in this package that is a 3,100 SF freestanding building on a little over .25 acre of land. Most of the customers are Hispanic and African-American individuals that live in the densely populated residential neighborhoods and corporate accounts from the local city. When the owner was physically healthier in the past, the owner spent much of his time at the business and his main duty was maintaining good customer relationships and quality control. Currently, the business is operating semi-absentee and with him minimally involved. Although some marketing is in place to actively grow the business, other proactive marketing methods within the local area are needed to generate more cash flow and acquire new customers from untapped areas within the city. Competition is expected for the auto repair industry, but this is a one-of-the-best mechanic shop that has built a fantastic reputation over the last several years and has provided quick service for a competitive price point. There are many ways to proactively market this business such as coupons, social media outlets, website, owner involvement, and purchasing a tow vehicle for bringing in cars for repair. Investing in a towing vehicle will provide an instant increase in sales since the business is currently using 3rd party tow service and this would decrease expenses spent on towing by having this service in-house. By hiring additional mechanics to expedite the repair, it will bring in even more revenue as this business is extremely busy and work is constantly backed up with current staff. This business has everything in place for a potential buyer to proactively market this business while being fully involved in the day-to-day business operations.