Auto Service & Repair

This is a 38-year-old independently owned, auto service and minor repair business in Dallas, TX. The company started as specialists in Volvo service only. As driver habits evolved and Japanese cars became more popular, the company expanded into servicing Toyota, Lexus and other Japanese brands. Toyota and Lexus are now the predominant brands serviced, while Volvo continues to be an important part of the mix. The shop occupies a very large 12,000 square foot facility on a highly visible corner, only one block from the intersection of two high-traffic roads. The landlord is willing to extend a new lease to the Buyer of this business. The shop contains twelve service bays with seven functional hydraulic lifts. It has four bulk oil tanks for a large fluid service business. The building also has a large upstairs mezzanine used for storage and parts. There is a clean, beautiful lobby complete with ample seating in the waiting room. There are also multiple private offices including a large owner's office, storage rooms and multiple restrooms. The price of the business includes all tools, lifts, inventory and equipment. It also includes six customer loaner vehicles. The owner has reached retirement age and wishes to sell his business at a bargain price. Covid affected the business due to fewer people driving and servicing their cars, but the business is still profitable and returning to pre-Covid levels. And, a good aggressive new operator should be able to expand the service offerings into other brands to grow the business. A most interesting aspect is the opportunity to add car sales to this business. There is parking for 50 cars on the parking lot, so a new owner might consider auto sales as well. This is a terrific opportunity for a new owner to take over a profitable business and evolve it into a larger and more profitable business. Location: Farmers Branch, Texas Year Established: 1982 Number of Employees: 3 Real Estate: Leased Building Sq. Ft.: 12,000 Rent: $6,000.00 Per Month Lease Expiration: 12/3/2022 Facilities: Clean, beautiful shop and office.