S

No photo available

Details

Prime location engine wholesale, rebuild, and repair shop in North Dallas is now available for acquisition. This business was originally established 8 years ago by the son of the current owner of the business in 2014. This business is in a 4,800 SF freestanding building that is located in the hub of a city that is well-known for a corridor for automotive-related repair shops. Originally, the son operated the business for the first 4-5 years, and a much more experienced and knowledgeable father took over the business in May 2019 and the sales have significantly gone up since. Competition is expected for this type of business industry, but this business has a competitive advantage over others by importing genuine and original engines and parts offered at reasonable and affordable price points and few other competitors have gone out of business in the immediate area. This engine wholesale business not only offers high-quality, genuine parts and engines that are imported from Japan but also provides general automotive services such as brake repair, transmission repair, engine repair, and engine rebuild. This business has an established customer base and consists of individuals from the local area, out of state, and used auto dealerships from the surrounding area. Gross sales have been approximately $27,000/month while the son had been operating, but since the father took over the business in May, the sales have significantly increased to $43,000/month with minimal marketing in place. The 2020 and 2021 monthly gross revenue has grown to $55,000 due to the expertise, knowledge, and customer service the current owner is fully able to provide and 2022 is projected to be a record year as the monthly sales have been growing steadily and is approximately $80,000. Currently, the majority of the customers are from word of mouth and referrals and minimal marketing is in place. The owner is not proactively marketing the business in fear of an overwhelming workload and not being able to provide quality service and jobs on time. In order to fully achieve maximum income potential, hiring an additional technician and implementing proactive marketing methods such as social media outlets, email marketing, web-based advertisements, direct mailing, etc. are needed to be fully utilized. Marketing efforts on acquiring corporate accounts for local auto dealers can also greatly improve overall sales. There are lots of unused spaces in the office that could be turned into more showroom style with engines, transmissions, and retail merchandise to advertise the products that the business provides. This engine wholesale business has done very well with its groundwork and is poised for next-level growth with more proactive marketing and a tech-savvy owner. A potential buyer will have to be experienced and knowledgeable in this industry and needs to put some marketing effort into promoting the business to expose itself to not only local customers but also the online marketplace.

Furniture, Fixtures & Equipment: $20,000 (Included in listed price)
Inventory: $100,000 (Included in listed price)
Financing: 100% down at the time of closing or 30% Cash Down with SBA Financing for Qualified Buyers with Industry Experience.
Year Established: 2014
Employees: 4FT

Facilities: This business is located in a 4,800 SF of freestanding building is located next to an intersection with consistently heavy traffic as well as densely populated neighborhoods. This business has ...

Learn More

Sign up for a free membership. Get instant access to thousands of listings. Learn about our membership plans.

Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.