The Company, based in Dallas – Fort Worth, offers a variety of repair services and customization to exotic and performance car owners in the area. The business provides complex service, including full restoration and parts fabrication. The shop is housed in a clean, fully equipped facility with one main lift and room for five to ten vehicles. The shop specializes in high-end and foreign vehicles, particularly exotic car maintenance and inspection services for brands like Porsche and Ferrari. With high-quality customer service and experienced technicians, the Company offers solutions for high-end sports cars; with extensive services maintaining every aspect of the vehicle including electrical, HVAC, brake system, exhaust system, engine, suspension, transmission, and equipment components. The Company’s business philosophy is directed at providing the highest-quality solutions for all its client needs. Throughout its thirty-nine-year history, the Company has built a reputable brand name based on this philosophy and has been recognized by its customer base as a one stop shop for their valuable sports cars. The business is managed by its owner and one full-time technician. Over the last several years, the Seller’s role as a mechanic has been greatly reduced with his technician performing most of the mechanical work for its customers.
The business maintains an active Facebook page where its customers can check in on the latest restoration projects and share news with other car enthusiasts. The Business enjoys strong customer ratings from its extensive customer base. In fact, many of the Company’s customers are not only repeat customers, but have many times brought in multiple vehicles over the years, suggesting a reputation for high-quality and professional workmanship that exceeds customer expectations.
Inventory: $15,000 Not included in asking price
Furniture, Fixtures, & Equipment (FF&E): $100,000 Included in asking price
Employees: 1 Full-time Experienced technician
Facilities: Primary space is 2,400 sq ft facility with lift, storage, admin office, space for five to ten vehicles. Buyer has the option to pick-up additional 2,400 sq. ft. space adjacent to existing space. Currently used for sellers personal vehicles.
Competition: Very niche performance and exotic car market and customer base. Limited competition.
Growth & Expansion: Excess capacity – The facility has plenty of excess capacity to meet the demands of over $500,000 of annual sales volume Expansion: The owner currently leases two side-by-side units, with only one currently being used for the business Hire additional technicians or helpers to drive new customer growth and support its existing base Expand marketing efforts to include: ? Radio & TV presence ? Attend car shows, events and conferences ? Print Media: Increase marketing in operational areas ? Additional focus on social media profiles and marketing
Support & Training: Full time technician will remain with business, owner will provide reasonable training period for buyer.
