Classic Car Restoration Garage Including RE
Houston, TX Harris County
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- RE: Classic Car Restoration Garage Including RE
- Contact: Bobbi Coffey
Quick Facts
| Asking Price: | $1,975,000 | |
| Annual Revenue: | $794,659 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $194,773 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $50,000 | |
| Real Estate: | $1,400,000 | |
| Year Established: | 2012 | |
| Employees: | 8 | |
| BBN Listing #: | 225344107 | |
| Broker Reference #: | 76931-134635 |
Business Overview:
TRANSWORLD BUSINESS ADVISORS OF HOUSTON. LISTING REF #76931-134635
Reduced - Sellers Motivated. Reasonable offers will be considered on this business AND commercial real estate opportunity, or potential for real estate only with additional development expansion in addition to existing purpose built auto repair space.
Wow! What a fun business! If you love classic muscle cars, this is a must see. 2023 proved to be the best year yet - great opportunity to continue the growth!
Business sale price = $475,000, plus real estate of $1,500,000 for a total acquisition cost of $1,975,000. SBA pre-qualified. Buyer must have $400,000 minimum equity injection, and not rely on the business for a livable wage if using SBA financing route. The seller is only considering offers including the real estate at this time, and real estate only will be considered and seller will close down business. Ready to retire and see the country!
Classic American Muscle car restoration business with over ten years' ten years proven expertise . With additional plans for future expansion, this business is positioned to be a powerhouse in the American classic car restoration and collection craze.
Known for their excellent reputation, fair dealings, and quality work, this business is perfect for an owner looking to participate in the day to day, learn from the seller through an extended transition, and continue to build the business operations. Great passion play and income producing hobby for a new owner who wants out of the corporate grind, yet still wanting to be hands on at the shop and be integral in and directing the building of masterpieces.
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Property Features and Assets:
Facilities: Purpose built facility on 5 acres
Monthly Rent: $6,000.00
Square Units (Foot, Meter): 6,000
Terms Options: Arms length lease between related parties
FF&E General Condition: Excellent
Market Competition and Expansion:
Expansion:
o Direct product sales through website.
o Used part sales (seller has a built up an inventory it has never taken the time to market).
o Addition of a paint and upholstery shop.
o Further expansion into new garages, addition of personnel and strategic growth. There is plenty of opportunity for increased production with a new owner who wants to do the work to grow.
Reason for Selling:
RetirementAdditional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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