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20700639
20700635

211 N Business 35, New Braunfels, TX 78130

RP
TX 9011168
Collab-RT Realty LLC
Listed by Collab-RT Realty LLC
$1,250,000
1313 days on market
Updated 38 days ago

B&C Service Center

Details
Property Type Industrial, Retail
Sub Type Auto Shop, Flex
Square Footage 3,056
Cap Rate 28.18%
NOI $352,294
Tenancy Single
Price per SqFt $458
Broker Co-Op Yes
Class C
Year Built 1974
Stories 1
Lot Size (SqFt) 9,670
Zoning c-3
Parking Spaces spaces
Investment Type Owner/User
Ownership 100%

Established Automotive Shop with 45k+ daily average drive-by traffic and strong financials For Sale

Marketing description

Prime corner lot in New Braunfels that gets 45k+ car pass by on a daily average. Established business since 1974 with a 3,000 sqft building and 3 full bays for automotive or retro for restaurant, bar, dealership, retail, office, medical, etc. Great opportunity for a high exposure business in a great location with access from Business 35 and Seguin St. through a side street. Seller may entertain owner finance with the right terms. If planned use is automotive, business will convey. Automotive business income was $377,464 in 2021 with only $25,170 in taxes, operating expenses and maintenance. Owner operator says they have been referring out at least 3x the business because he can't keep up with limited technician staff. Owner and 1 tech working in the shop currently as hiring hasn't been aggressive since retirement has been on the table. Great opportunity to buy this business, ramp up staff and services and triple the income or more!

Investment highlights

  • 45k+ car daily average drive by traffic

  • 1 block from IH35

  • Car lifts included

  • Prime corner location in New Braunfels

  • Zoned C-3 for nearly any use required

  • Business Conveys or Remodel to change use

  • Owner refers out business that can easily triple income due to lack of help

Listing Contacts

RP
TX 9011168
Collab-RT Realty LLC
Listed by Collab-RT Realty LLC

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$352,294.00
$29,357.83/mo

Valuation Metrics

0
DSCR
28.18%
Cap Rate
28.18%
ROI

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