Auto Repair & Real Estate - Huntsville Area
This auto repair business is located between Huntsville and Conroe on a major State Hwy. They operate from a 5,000 sq. ft. shop building with 5 bays and 4 lifts with one acre of land with frontage on a major State Hwy. The company repairs and services cars and light trucks for individuals and commercial accounts, which make up approximately 25% of the business. Services include major and minor vehicle repair, lube and oil changes, wheel alignment, breaks and shocks replacement, and AC servicing. Their shop rate is $90 per hour. They also do State Inspections for 25 to 30 vehicles per day. New tire sales account for approximately 20% of the gross sales. The business and real estate is owned by a real estate investor who has never operated the business. There is an additional 2 acres of vacant land next to the subject property that can be acquired if needed.
Absentee owner has other real estate investment interest.
Free Cash Flow
9 Full Time
See list in file.
The shop building has an office, customer waiting area, and 5 shop bays with 4 lifts.
5,000 sq. ft. shop building
Rent and lease terms:
On major highway south of Huntsville and North or Conroe.
Ample opportunity for growth for new owner operator that includes opening longer daily hours, and on Saturday, and adding body shop work.
The market area served is Conroe to Huntsville.
Price and terms
With $105,000 cash down and a new SBA loan for $600,000 for 18 years at 7.5% interest for a monthly payment of $4,841.70.