$1,550,000 USD
512-423-4421
HIGHLIGHTS
- PROFITABLE & ESTABLISHED BUSINESS SINCE 2003 OFFERING TYPICAL REPAIR SERVICES. .
- REAL ESTATE INCLUDED. ALL FURNITURE, FIXTURES, AND EQUIPMENT CONVEY. TURN KEY.
- GOOD REPUTATION IN THE COMMUNITY. REPEAT CUSTOMERS OVER MANY YEARS.
- GOOD LOCATION & ACCESS TO MAJOR ROADWAYS OF US 181 & WILDCAT WITH HEAVEY TRAFFIC, LOCATION AREA IS DENSE COMMERCIAL & RESIDENTIAL DEVELOPMENT
- UNDER-MANAGED AND UNDER-STAFFED BY RETIRING OWNER. REVENUE UP FROM 2024. FURTHER IMPROVEMENT POTENTIAL HIRING MORE MECHANICS. MOTIVATED SELLER.
- OWNER FINANCING POSSIBLE TO QUALIFIED BUYER, AS WELL AS SBA & BANK FINANCING TO QUALIFIED BUYER.
OVERVIEW
MOTIVATED OWNER NEGOTIABLE AND WANTS IT SOLD. REDUCED $200,000 IN DECEMBER. OWNER FINANCING POSSIBLE TO QUALIFIED BUYER. PROFITABLE AUTO REPAIR SHOP IN GREAT LOCATION. REAL ESTATE INCLUDED. BUILT AND OWNED BY THE ORIGINAL OWNER SINCE 2003. LOYAL REPEAT CLIENTELE. GREAT POTENTIAL TO FURTHER INCREASE REVENUE BY HIRING ADDITIONAL QUALIFIED MECHANICS TO DO HIGH TICKET REPAIRS. THE CUSTOMER LABOR RATE WAS INCREASED IN 2025 FROM $110/HR. TO $140/HR. OPERATION NEEDS FRESH FOCUSED MANAGEMENT. NO ADVERTISING / SALES & MARKETING HAS EVER BEEN UTILIZED. REVENUE GROWTH POTENTIAL. SELLER IS RETIRING. OWNER FINANCING POSSIBLE WITH GOOD TERMS.
FOR SALE DETAILS
PRICE
$1,550,000 USD
PRICE/SF
$344 USD /SF
CAP RATE
13%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment Or Owner User
BUILDING DETAILS
PROPERTY NAME
GP AUTO TECH CENTER-CORPUS CHRISTI / PORTLAND
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Auto Repair
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2003
SPRINKLERS
-
PARKING SPACES
20
LAND DETAILS
LAND ACRES
0.61 AC
LAND SF
26,572 SF
ZONING
C-G "GENERAL COMMERCIAL"
APN/PARCEL ID
69562
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512-423-4421
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512-423-4421
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