60 Year Old Profitable Auto Repair Business with Real Estate for Sale

Long standing highly trusted and reputable full service automotive repair shop located near downtown Dallas. The business has 8 bays and 10 employees including 5 mechanics and the two owners. The average tenure of the employees is over 15 years. Due to the location, length of time in business, excellent reputation, and the fact that the owners do minimal advertising, the business is very stable and has solid growth potential. The owners are ready to retire and are including the real estate in the sale. They are looking for the right buyer with automotive experience to continue the legacy of the business and take it to the next level. Location: Dallas County, Texas Year Established: 1960 Number of Employees: 8 Real Estate: Owned Building Sq. Ft.: 4,400 Facilities: Located in a prime area near downtown Dallas which is growing rapidly so there is no shortage of new as well as repeat customers. The 4,400 sq ft shop has 8 service bays and an office. The exterior of the building was refreshed in 2020. Market Outlook/ Competition: The Dallas/Fort Worth market is very competitive with the Automotive Industry, however, with the long-lasting reputation over the past 60 years has made it a non-issue. They have a 90% customer retention rate making them one of kind. The biggest competition is the local dealerships, but they do not provide the same personal service. Reputation for fairness and quality since the shop opened in the early 60’s keeps the customers (families) coming back from generation to generation. Growth & Expansion: Based on the strong brand & reputation, the company could easily expand by hiring more employees. Due to this, very little marketing and advertising is done. A sales rep could be hired to increase corporate and fleet accounts. Opening other locations or franchising would be possible as well.