- Photos
- 1 of 23
Auto Repair For Sale • 4,500 SF
PROFITABLE ESTABLISHED AUTO REPAIR BUSINESS SINCE 2003 LOCATED IN PORTLAND-CORPUS CHRISTI TX METRO. INCLUDES REAL ESTATE. GOOD LOCATION FROM MAJOR INTERSECTION OF US 181 & WILDCAT DRIVE. GOOD ACCESS. DENSE COMMERCIAL DEVELOPMENT AREA INCLUDING BIG BOX RETAIL WALMART & STRIP CENTERS, HEB GROCERY, RESTAURANTS, HOTELS, GAS CV STORES, OFFICE. RESIDENTIAL USES ON BOTH SIDES OF US 181 & WILDCAT. HEAVY VEHICULAR TRAFFIC. BUSINESS ESTABLISHED IN 2003, BUILDING CONSTRUCTED 2003. METAL WAREHOUSE BUILDING WITH STEEL BEAMS ON CONCRETE SLAB. 2 STORY CLEAR HEIGHT. 4,500 S.F. WITH 8 BAYS, 7 LIFTS AND TYPICAL REPAIR EQUIPMENT. STORAGE AREA, MANAGER'S OFFICE, RESTROOM. UNDER-MANAGED BY RETIRING OWNER AND UNDER-STAFFED. LOYAL REPEAT CUSTOMERS. REVENUE INCREASE POTENTIAL WITH HIRING ADDITIONAL QUALIFIED MECHANICS TO DO HIGH TICKET REPAIRS . LABOR RATE WAS INCREASED THIS YEAR FROM $110/HR TO $140/HR. RESULTING IN RISING REVENUE THIS YEAR TO DATE FROM 2024. BUSINESS NEEDS ADVERTISING, SALES AND MARKETING. NOT OPEN ON SATURDAY. PROPERTY SUITABLE FOR CONVERSION TO OTHER COMMERCIAL USES. GOOD SITE FOR VERY GOOD REDEVEOPMENT POTENTIAL. CALL JAY WEIR, BROLER 512-423-4421
| PROFITABLE & ESTABLISHED BUSINESS SINCE 2003 OFFERING TYPICAL AUTO REPAIR SERVICES IN VERY GOOD RETAIL LOCATION. |
| REAL ESTATE INCLUDED. ALL FURNITURE, FIXTURES, AND EQUIPMENT CONVEY. TURN KEY. EXCELLENT FUTURE DEVELOPMENT SITE. |
| GOOD REPUTATION IN THE COMMUNITY. REPEAT CUSTOMERS OVER MANY YEARS. |
| VERY 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. |
| Cap Rate: | 9.04 % |
| Total Expenses: | $740,305 USD |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Corpus Christi International | 23 min | - | 16.5 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 20 |
| Type: | Surface |
| Included in Rent: | Yes |
