Buy below what the business is worth
Many good shops run on owner-style books that lenders won't underwrite. We price acquisitions off the real estate, so the operating business comes with the building rather than on top of it.
The Motorpool Auto Company buys established, cash-flowing auto service businesses in Texas together with the property they operate on. MP Auto, a new special purpose vehicle, will buy two assets in Texas: an auto repair business and its building in the Houston MSA, and a self-service car wash in San Antonio.
Many profitable independent repair shops and car washes in Texas are owned by founders who are ready to step back, and few of them will ever get a clean sale. That's the opening.
Many good shops run on owner-style books that lenders won't underwrite. We price acquisitions off the real estate, so the operating business comes with the building rather than on top of it.
Every location is split into an operating company and a real estate company. The operator pays market rent, so investors share in both the business cash flow and a hard asset.
The sponsor already runs two repair shops and a fleet maintenance business. The same systems, staff training, marketing and brand go into every store the fund buys.
Each asset will be held in its own operating company and real estate company. Detailed figures, photos and live models for each are in the investor login.
An established independent repair shop, to be bought together with its real estate.
An operating self-service car wash less than a mile from one of the sponsor's existing shops.
The fund holds a right of first refusal on three more repair stores in the Houston MSA. These are not in the projected returns; they are future deals offered first to this fund.
Images of the assets on this page are illustrative 3D renderings, not photographs. Photos of both locations are in the investor login.
There is no middle holding company. Cash from all four companies pools at the fund and is paid out through a single waterfall, so one strong asset supports the other.
We intend to hold these assets for the long term. The sponsor's management fee only starts once investors have all of their capital back, and its promote only after investors have their capital plus an 8% preferred return.
Verified investors get the same workbooks the sponsor uses to underwrite the deal, running in the browser and linked together.
Linked financial modelsA model for each asset and one for the fund. Change any input and watch it flow through to investor returns.
ScenariosHigher rates, slower ramp-up, lower sale prices: test the downside yourself.
Deal documentsOffering presentations, investment overviews and renderings for each asset.
The data room is for accredited investors the sponsor has invited. Already have a login? Sign in to see the live models and download every document. To request access, email [email protected].
Go to Investor LoginVeteran-led and already operating in Texas. Since October 2024 The Motorpool has bought and run two independent repair shops in San Antonio and built a mobile fleet maintenance business beside them. MP Auto Fund 1 applies the same operating approach to new locations.