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Agent Profile

Agent: Nathan Netanel
Main Office: 713-680-1200
Direct Line: 832-239-9257
Send email to agent

Listing Profile

Major Brand Auto Repair & Tire Shop in S. Houston - Seller Financing

Listing #: 7441

South Houston

Listing Details

Business Classification:

Auto-Related Business

Business Purchase Price:

$325,000

Working Capital:

Real Estate Price:

Total Purchase Investment:

$325,000

Down Payment Required:

$200,000

Gross Revenue:

$600,000

Discretionary Earnings:

$223,200

Imputed Rent:

Total Cash Flow:

Description and Operations

Business Description:
Auto repair and tire store. Excellent opportunity to acquire a major brand store. This is one of Goodyear's best stores in South Houston. They strive to provide great service. Fully equipped shop with 5 bays. Very clean shop and office. Complete package of tire sales, repair services, preventative maintenance, and state inspections. Repeat business with loyal customer base. Owner is purchasing the property and will give buyer a new lease for 5 years + a 5 year option to renew. The owner has a used car lot at the same location and will be good customer of the shop to repair all of his used cars. Owner will finance $125,000 of purchase price.

Business Established Date:

2005

Reason for Sale:

Other interest - seller owns car lot and would like to devote his time at the used car lot.

Full Time Employees:

Part Time Employees:

Facility Type:

5,256SF freestanding facility

Monthly Rent:

$4,000

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