This established auto repair business in Portland, Texas (Corpus Christi metro area) presents a compelling owner-user investment opportunity. The 4,500 square foot, two-story building sits on a 0.613-acre lot zoned C-G "General Commercial," offering flexibility for future expansion or repurposing. Built in 2002, the property boasts eight bays with seven lifts, an alignment machine, and ample parking. The current operation includes a reception area, office space, and storage. The business enjoys a prime location near major intersections, surrounded by dense commercial and residential areas, ensuring high visibility and consistent traffic. With a 100% occupancy rate and a strong history of profitability, the business generated a Pro-Forma NOI of $225,000 in 2022, and a projected NOI of $250,000 for 2025. The current owner is retiring, presenting a unique chance to acquire a turnkey operation with significant upside potential. Opportunities for growth include expanding operating hours, increasing the currently below-market labor rate, implementing marketing strategies, and exploring potential expansions such as adding car wash or detailing services. The asking price is $1,650,000, with seller financing considered. The property's strong location, established customer base, and potential for growth make it an attractive investment. The business has shown consistent revenue growth, with a 31% increase in revenue year-to-date in 2023 compared to 2022. This is a rare opportunity to acquire a profitable, established business with significant growth potential in a desirable location.
Highlights
Seller financing available to qualified buyers.
Established, profitable auto repair business with increasing year-over-year revenue.
Original owner, loyal customer base, and long-term repeat customers.
Solid metal building (2002 construction) with eight bays and high clear height.
Twenty-year history of revenue growth; potential for further revenue increases through improved management, marketing, and expansion.
Excellent commercial location, 1⁄2 block from US Highway 181 and Wildcat Drive, high traffic count, and great visibility.
Retail property - Profitable, established auto shop in Portland, TX
Where is the retail property located?
The property is located at 200 Daniel Moore Ave Portland, TX.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Seller financing available to qualified buyers.; Established, profitable auto repair business with increasing year-over-year revenue.; Original owner, loyal customer base, and long-term repeat customers.
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Contacts
Jay Weir
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Daniel Moore Ave Portland, TX 78374
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Daniel Moore Ave Portland, TX 78374
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200 Daniel Moore Ave
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