Classic Car Restoration Garage including Real Estate

Listing Number: 76931-134635

Description

Wow! What a fun business! If you love classic muscle cars, this is a must see. 2023 proved to be the best year yet - great opportunity to continue the growth!

Business sale price = $700,000, plus real estate of $1,400,000 for a total acquisition cost of $2.1M. SBA pre-qualified. Buyer must have $400,000 minimum equity injection, and not rely on the business for a livable wage if using SBA financing route. The business alone is also SBA PQ, but seller is only considering offers including the real estate at this time.

Classic American Muscle car restoration business with over ten years' ten years proven expertise . With additional plans for future expansion, this business is positioned to be a powerhouse in the American classic car restoration and collection craze.

Known for their excellent reputation, fair dealings, and quality work, this business is perfect for an owner looking to participate in the day to day, learn from the seller through an extended transition, and continue to build the business operations. Great passion play and income producing hobby for a new owner who wants out of the corporate grind, yet still wanting to be hands on at the shop and be integral in and directing the building of masterpieces.

Listing Details

• Price: $ 2,100,000
• Down Payment: $400,000
• Sellers Discretionary Earnings: $ 194,773
• Total Sales: $ 794,659
• Location: Harris County, Texas


• Inventory: $ 0
• FF&E: $ 50,000
• Employees: 8
• Year Established: 2012
• Reason for Selling: Retirement
• Category: Automotive