Auto Repair - San Antonio Northeast

RPM Shop Sales has another auto repair business for sale... Disclaimer: Girl in the ad is not an actual employee... This deal is Under Contract. I expect it to close February 2022. There is a business operating from this facility. The owners are asking for discretion. So we are asking for your cooperation. Contact me if you would like to set up a showing and I'll get you out there real quick. Don't visit the property without an appointment. Thanks for helping out on this. This business has operated from this location profitably for 40 years and the owners are ready to retire. We are offering the property and business at $630k. The business does about $400k in revenue per year and the the equipment is valued at $50k. It's a good business. I sell auto repair shops in Texas. I sell auto repair only. I do not sell any other kinds of businesses. This is a great shop and I want you to buy this one. But if it doesn’t work for you for some reason you still might want to give me a call or visit my website at www.rpmshopsales.com Location: Live Oak, Texas Year Established: 1985 Number of Employees: 4 Real Estate: Owned Building Sq. Ft.: 5,328 Facilities: There are three buildings on the property totaling 5,328 sf +/-. All buildings were built in 1983. New roofs installed on all three buildings in 2016 and are under warranty. The main building is 3,960 sf and sits towards the back of the property. Office and lobby space is 1,320 sf. The rest of the building...2,640 sf...is shop area. There are two 12’ bay doors. There are four 10’ bay doors. Ceilings are 16’ at the eave and 18’ at the center. There are four 65,000 BTU heaters. Power is three phase. The second building is 600 sf with a 12’ ceiling and one 10’ bay door. The third building is 768 sf with two 10’ bay doors. The ceiling in the third building is 12’ at the eave and 14’ at the center. The property is .6574 acres and is mostly square in shape. The front of the property runs along Topper Parkway and is approximately 175’. There is plenty of parking and access to the property is easy. The property is zoned I-1 and is suitable for auto repair or light industrial. B&M Automotive has operated at this location profitably for 40 years. The asking price of $650k is property only. It does not include the business or equipment. The business does about $400k in revenue per year. The equipment is available for $50k and includes seven lifts, welding equipment, and pretty much anything you need to run an auto repair business. Market Outlook/ Competition: The current owner is a good businessman. He's run the business profitably for many years. But he is comfortable at the current level of profitability and has not made any effort to increase business. It is ready for a new owner to take the reins and push it to the next level. See Growth and Expansion below. The shop is located in Northeast San Antonio and the area is growing. Growth & Expansion: Virtually any auto repair shop can be improved upon by implementing a well thought out marketing effort. Shops that are for sale are usually being sold by retiring owners. And retiring owners...guys in their 60s and 70s...have a strong tendency to rely on reputation and word of mouth. They almost never use direct marketing or social media. This business fits into that category. The core business and reputation is strong but needs new blood to push it to the next level.