Established Automotive Restyling! 20% Down, Pre-Approved!
Location: Texas
Industry: Auto Related > Other Auto Related
Financials
Asking Price: $550,000
Gross Revenue: $1,800,000
Cash Flow: $180,000
Inventory: $380,000 (Included in Asking Price)
FF&E: $450,000 (Included in Asking Price)
Seller Financing: This opportunity has been pre-approved for financing with 20% down for the right buyer. Inquire today.
Business Summary
If you are seeking a well established business in a niche market with key commercial contacts and tremendous upside potential, you have found it. Our client owns and manages a 30 year old automotive restyling company that works directly with dealerships across the metro area. This is a well run company seeking a new captain with energy and vision. The company is practically turn-key with existing management is in place and a skilled well trained staff. After market accessorizing of vehicles, is on the rise and new car buyers are electing to have it done at the dealership so they can finance it. This opportunity has already been pre-approved for financing for the right buyer. Run, don’t walk; this ship will leave the dock soon.
About the Business
Year Established: 1976
Employees: 15 full time -
Relocatable: Yes
Facilities: 25,000 sq. ft building is not included in the sale, but is available. Plenty of parking in a north Dallas warehouse district; conveniently located for access through the metro area. Currently, the business is only utilizing approx. 50% of the usable space. The property is available for purchase or a lease. If you decide to lease the space, the owner will allow a sub-lease arrangement for the excess space, which could help offset your note payment. Current lease is $8333.
Market Outlook and Competition: Competition: At this scale, there are only about 3-4 competitors locally, but none with the expertise, reputation, staff and expansion capacity of our client’s operation. Growth and Expansion: PIMP YOUR RIDE is the new mantra for automotive enthusiast. Our client primarily focuses on dealership after market accessorizing. However, used car or post dealership personalization of vehicles is growing leaps and bound. Opening retail locations all across the metro area or even nationally, could be very appealing.
About the Sale
Management Training and Support: Yes, Negotiable.
Reason For Selling: Retirement.
Attached Files - Attachment Disclaimer
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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