Overview

Description

Business Description: We are pleased to announce the business and real estate sale of a thriving auto mechanic shop located in the heart of the Greater Friendswood area. This well-established business offers a prime opportunity for growth and success, with a strong foundation and valuable assets included in the sale, such as real estate and equipment.

Services/Products Offered: We provide a comprehensive range of auto repair and maintenance services, including but not limited to engine diagnostics, brake repair, tire services, oil changes, and more. Our shop features a 3-bay setup with an additional fourth bay equipped with a Challenger 2-post lift valued at $5,000. One of the front bays is equipped with a John Bean scissor lift and alignment machine valued at $15,000. All FF&E is included in the ask.

Additional Information:

· Revenue Breakdown: Our revenue is diversified, with 10% coming from Fleet business, 40% from maintenance services, and 50% from repair services.

· Growth Potential: There is a significant opportunity to focus and expand the Fleet business segment, which has been steadily increasing.

· Sale Details: The business is being sold with an SDE of 3.0 and the real estate at a CAP rate of 7.6%, totaling a sales price of $1,190,000 (real estate valued at $800K and business $390K).

Real Estate Details:
1800 SF buiding with 4 bays and office built in 2026 ($5,083 base monthly rent paid)
Property sits on .42 acres with plenty of parking

Don't miss out on this exceptional opportunity to own a thriving auto mechanic shop with included real estate in the Greater Friendswood area. Contact us today for more information or to schedule a viewing

Business Description: We are pleased to announce the business and real estate sale of a thriving auto mechanic shop located in the heart of the Greater Friendswood area. This well-established business offers a prime opportunity for growth and success, with a strong foundation and valuable assets included in the sale, such as real estate and equipment.

Services/Products Offered: We provide a comprehensive range of auto repair and maintenance services, including but not limited to engine diagnostics, brake repair, tire services, oil changes, and more. Our shop features a 3-bay setup with an additional fourth bay equipped with a Challenger 2-post lift valued at $5,000. One of the front bays is equipped with a John Bean scissor lift and alignment machine valued at $15,000. All FF&E is included in the ask.

Additional Information:

· Revenue Breakdown: Our revenue is diversified, with 10% coming from Fleet business, 40% from maintenance services, and 50% from repair services.

· Growth Potential: There is a significant opportunity to focus and expand the Fleet business segment, which has been steadily increasing.

· Sale Details: The business is being sold with an SDE of 3.0 and the real estate at a CAP rate of 6.5%, totaling a sales price of $1,190,000.

Real Estate Details:
1800 SF buiding with 4 bays and office built in 2026
Property sits on .42 acres with plenty of parking

Don't miss out on this exceptional opportunity to own a thriving auto mechanic shop with included real estate in the Greater Friendswood area. Contact us today for more information or to schedule a viewing

Property Description: The property/busness sits in the greater growing Friendswood area. n 2021, Friendswood, TX had a population of 40.8k people with a median age of 38.9 and a median household income of $114,516. Between 2020 and 2021 the population of Friendswood, TX grew from 39,893 to 40,780, a 2.22% increase and its median household income grew from $108,135 to $114,516, a 5.9% increase. Property enjoys nearly 5K of drive by traffic on a daily bases (co-star). With plenty of parking nearly 25 spots available in front, sides and back of the building.

Highlights

• Purchase price includes business, real estate and all FF&E
• Plenty of parking available in the front, side and rear of building (@25)
• Already showing growth year over year and ability to maximize the newly formed fleet services!
• Good blend of revenue: 10% from Fleet services, 40% from maintenance services and 50% from repair services

Documents

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