Big Rig Diesel Repair - San Antonio Area

RPM Shop Sales has another repair business for sale... This business is under contract. If you have an interest in this business please contact me and I will let you know if the deal hits snag. This business performs diesel repair on commercial semi trucks. They are a full service shop. They work on big rigs only. The business was founded nearly 20 years ago and has operated at this same location for many years. The business is profitable with clean books and records. The techs (most of them) have been there for several years and know what they're doing. It makes good money now...but could do a lot better with a little marketing. The $316K cash flow assumes that the new owner buys the real estate. In that scenario, there would be no need for rent. If you subtract a market rent from the cash flow...you arrive at a cash flow of $246k. It was this number that was used to price the business. Three times cash flow is $720k more or less. The property is priced at $1,000,000. There is an appraisal on the property that supports this number. So the total package price...business and property...is $1,720,000. The numbers work on this. If you put 20% down and finance over 25 years, the monthly payment is pretty much equal to what you would pay in rent anyway. I like this deal alot. I sell repair shops in Texas. I sell auto and truck repair only. I do not sell any other kinds of businesses. This is a great shop and I want you to buy this one. But if it doesn’t work for you for some reason you still might want to give me a call or visit my website at www.rpmshopsales.com Location: San Antonio, Texas Year Established: 2005 Number of Employees: 7 Real Estate: Owned Building Sq. Ft.: 7,500 Facilities: The business operates from a 7500 +/- sf facility in the San Antonio area. The building is less than 20 years old and is in good condition. There is 1,400 sf of office and lobby area. The balance of the building is shop area. The shop is laid out simply with eight large bay doors. It's easy to pull trucks in and out. The building sits on a large lot in excess of two acres. It's easy to park trucks and turn trucks around. Market Outlook/ Competition: The current owner is a good businessman. He's run the business profitably for many years. But he is comfortable at the current level of profitability and has not made any effort to increase business. It is ready for a new owner to take the reins and push it to the next level. See Growth and Expansion below. Growth & Expansion: Virtually any repair shop can be improved upon by implementing a well thought out marketing effort. Shops that are for sale are usually being sold by retiring owners. And retiring owners...guys in their 60s...have a strong tendency to rely on reputation and word of mouth. They almost never use direct marketing or social media. This business fits into that category. The core business and reputation is strong but needs new blood to push it to the next level.