Non-Franchise Specialized Auto Repair Center-Profitable

Undisclosed Address, Tennessee
Business Opportunity for Sale
Catylist Listing ID: 30298023
Property Subtypes: Auto Related
Building Size (RSF): See Agent
Sale Price: $775,000
Name of Establishment: Confidential
Year Business Established: 1998
Gross Revenue: $731,000 (Annual)
Cash Flow: $191,277 (Annual)
Cash Flow Type: Sellers Discretionary Earnings
Sale Terms: Cash to seller. While consider financing a portion to highly qualified buyer with good credit references and 50% down. Secured by first lien on real estate.
Last Updated: 9/18/2018

Overview / Comments

Offered is a very profitable, non-franchise specialized auto repair service business that is turn key. This business has a twenty year history of exceptional service and a significant base of loyal customers. ValueSource has been engaged to assist the owners in transitioning their business to a new owner. We will take our time to find the right buyer who can appreciate the need to embrace a dedicated staff of highly skilled technicians that drive the exceptional service component.
One major business reference source states "This industry is mostly recession proof and can be very profitable if you treat customers and employees right."
So what are you waiting for?

Additional Details

Industry Segment: Auto Body and Repair
Reason for Selling: Due to health concerns and need to enjoy fruit of their labor, they have earned it.
Value of Inventory Included ($): $12,500
Value of Furniture, Fixtures, and Equipment ($): $200,000
Real Estate Status: Real Property
Value of Real Estate Included ($): $350,000
Real Estate Lease Description: Comes with seven bays fully equipped. Commercial tract with adjoining additional parcel for added space and potential to add on additional revenue generator such as quick change oil and lube, etc.
Employee/Labor Description: Highly qualified technician staff generating above benchmark revenue per service employee or bay. More detailed in prospectus.
Mgmt/Training Support Description: Will stay and train for up to one month. Two weeks free of charge, two weeks compensated.
Competition/Market Description: Some but this one stands out in tis class.
Growth/Expansion Opportunities: Revenue can easily be expanded without significant investment. More detailed in prospectus.
Seller Financing Description: Seller will consider financing the real estate for prime plus 1% or lease the property with an option to purchase at a later date. Lease could include an equity build-up feature.

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 2,238 4,952
Median Age: 40.69 37.61
Households: 831 1,777
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