415 Palace AveTyler, TX 75702

This exceptional 10,000 square foot auto shop, operating as Atlas Automotive, presents a unique owner-user opportunity in Tyler, Texas. Established in 2017, this single-story building sits on a 0.51-acre lot and boasts 100% occupancy. The property, built in 1970, enjoys a prime location near a signalized intersection with high daily traffic counts (31,300+ cars at the intersection and 11,000+ along the frontage). Surrounded by strong demand generators including major hospitals, a large community college, and popular retailers, this business benefits from a robust and growing customer base. Financial performance is impressive, with gross sales increasing over 3.7% from 2021 to September 2024, and a projected EBITDAR margin of 30-35%, exceeding industry averages. The business currently employs four technicians, including a Shop Foreman, optimizing efficiency and profitability. Tyler's rapid growth (over 1.3% annually from 2013-2023) and the strong local economy further enhance the investment potential. This turnkey operation offers significant upside potential for a growing operator, with opportunities to expand marketing efforts and utilize excess bay capacity to boost sales and repair order volume. The asking price is $1,700,000 ($170 per square foot). This sale includes both the business and the real estate. The property is privately owned and is for sale by owner.