Location: Collin County, TX
Industry: Auto Repair and Service Shops
Listing ID: 42060351
Listing Status: New
This Muffler & Brake Center has operated in the same location in this Collin County city for 44 years. The owner owns two locations and is now selling one in order to spend more time with family.
This is a very profitable center with six bays on the highest traffic thoroughfare in the county. They specialize in high-end new exhaust systems, as well as typical exhaust system replacements, catalytic converter replacement, brake work and minor auto repair. Customers consist of a 50/50 mix of repeat new car dealers, auto body chains and individuals. The six bays are full all day, every day, with customers waiting in line.
This is a business that has huge potential to grow but the owner does not have enough time to devote to both locations. They are closed on Mondays so a new operator might enjoy significant additional business by opening an extra day. A new owner could likely operate more efficiently and service more vehicles on a daily basis.
A new lease is available at the current rental rate and the landlord is very easy to work with. The real estate could possibly be purchased if the buyer of the business is interested. This is a solid business that will be easy to obtain an SBA loan on for a qualified purchaser. Please email us to obtain an NDA in order to receive the complete Confidential Business Review.
Down Payment: $350,000
Total Sales: $1,510,280
Cash Flow: $549,621
Accounts Receivable: N/A
Accounts Receivable Included: No
FFE Included: Yes
Inventory Included: Yes
Year Established: 1978
Non-Owner Payroll: N/A
Real Estate: N/A
Monthly Rent: N/A
Type of Location: Industrial
Training & Support: Seller will assist with ownership transition
Seller will assist with ownership transition