Listing Number: 76931-866363
Two well-established transmission repair shops in growing communities both located in north Houston. One was established in 1975, another one was established in 1990. Both have excellent reputations in the communities and have been growing fast since the current owner took over the business in 2016 and 2018, respectively. A semi-absentee owner spends approximately 25 hours a week in the business. Each location is operated by its own experienced and dedicated manager with a stable team.
The revenue of both locations was $2,402,049 with total EBITDA of $252,956 in 2018. The revenue in 2019 is projected to be reflective of that of 2018 with nearly $276,000 in EBITDA.
The seller is retiring, so would like to sell the business to someone who can keep the business growing. The seller will train the buyer for a period of 4 weeks at no cost and is willing to assist the new owner as needed with the period and compensation being negotiable.
This business is an excellent opportunity for those who want to acquire a profitable and turnkey operation with a well-established system. Automotive skills are not a significant factor to own this business, however, new
owners need to be able to communicate and work with blue-collar employees, ideally, have people skills. Having marketing and sales experience is a benefit to the business.
- Price: $995,000
- Down Payment: $995,000
- Sellers Discretionary Earnings: $252,956
- Total Sales: $2,402,049
- Location: Harris County, Texas
- Inventory: $30,000
- FF&E: $206,000
- Employees: 8
- Year Established: 1975
- Reason for Selling: Semi-retirement
- Category: Automotive