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Established, Profitable, Upscale Auto Accessories
Location: United States -> Texas -> Austin -> Austin
Industry: Auto Related > Auto Parts Retail and Distribution




Business Summary

This business is a very successful location in Austin, Texas that mainly offers and installs auto accessories (including tinting, audio upgrades and detailing) and other services to all demographics including luxury. The business was started at the current location by the semi-absentee owner in 2012 and has grown consistently over the past three years. The space still looks brand new and is immaculate in a great location.

The business has been profitable since inception. The business works principally on a cash basis and in 2019 had sales of $749,321 and SDE of $198,518. Growth in the Austin metro area has been steady over the past few years contributing to sales of $684,134 in 2017 and $698,847 in 2018. Proforma SDE for 2020 is almost $250,000.

Austin has a projected population growth of over 10% by 2020 making it one of the fastest growing cities in the U.S . Growing brand recognition along with population growth opens the opportunity for new locations.

The business is a potentially attractive acquisition for a new owner for several reasons. The Seller has successfully built a brand around the business with a brand new, clean build-out. A new owner could enter new markets and grow the franchise proportionally. To learn more, the next step after reviewing this document would be to schedule an appointment with the advisor from CGK to speak with the main representative for the Sellers.


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $847,720
Cash Flow:   $248,900
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  No

About The Business

Year Established:  2013
Number of Employees:  6 - 9
Relocatable:  No
Franchise:  Yes
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Yes
Reason For Selling:  Relocation

Photos

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Established, Profitable, Upscale Auto Accessories Photo 1




Print Listing Id: 700351159
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Related Searches: Auto Dealers  >  Auto Parts Retail and Distribution  >  Auto Rental  >  Auto Repair  >  Car Wash  >  Gas Station  >  Other Auto Related  > 

Also See: Franchise Opportunities > Franchise Resales > Texas Businesses For Sale > Texas Franchises For Sale > Texas Business Brokers



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