Power Component Rebuilder in Houston w/Real Estate

This is a great opportunity for a mechanically skilled person setting out to own and build up their own automotive business. This power steering component rebuilder business has been in the family for 30 years. Over that period, power steering methods and technology have evolved from Hydraulic P/S Pumps, Gearboxes, Control Valves, & Cylinders to Hydraulic Rack & Pinions and now to Electric Power Steering (EPS). Throughout the industry’s evolution, the company’s technicians have developed and maintained their specialized expertise. Electronic Power Steering components presents the future growth opportunity however servicing component parts for earlier model vehicles represents the majority of current revenue. Additionally, automotive enthusiasts who restore or maintain much earlier models rely entirely on rebuilt steering components and the company is well known in that community for their expertise. The listing includes the property for sale. Situated in North Central Houston it sits on 1/3 acres and the total building is 5100 square feet comprised of shop, loading dock, offices and a 2-bedroom apartment above the facility. Please refer to CBB Listing #8267 Location: Houston, Texas Year Established: 1988 Number of Employees: 1ft Real Estate: Owned Building Sq. Ft.: 7,100 Facilities: 7100sf freestanding facility on .33 acre of land Growth & Expansion: Electronic Power Steering components presents the future growth opportunity The company has done no marketing and sales. A lucrative market would be to get other car repair shops to outsource their power steering work to the business.