Auto Repair Business and Real Estate Serving Savannah Area for 44 Year

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Auto Repair Savannah Great Location Established Profitable
Asking Price:
$1,170,000

Gross Revenue:
$793,116
Cash Flow:
$167,774
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$100,000
not included in asking price

FF&E:
$150,000
included in asking price

Real Estate:
$730,000
included in asking price

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Business Description

Operating for over 44 years, this business is a highly regarded and recognized automotive brand. The Combination of state-of-the-art diagnostic equipment, 10 bay fully equipped facility, and talented, dedicated technicians, make this business an admired place to work and own. There is room to grow even beyond the current revenue performance which exceeds $800,000 annually. The building has additional office space that is separate from the main operating areas that can be rented out for additional income. The business and real estate have been Pre-Approved by a lender for acquisition with a down payment of $110,000. Unlike many shops, there is no drama there. This opportunity calls for some experience in the automotive category. Bottom line; there is support. The current owner will offer a smooth transition plan for the right buyer providing on-site training and assistance for a reasonable and negotiable period of time.

About the Business

Location:
Savannah, Georgia
Year Established:
1975
Number of Employees:
3 ft, 3 pt
Real Estate:
Owned
Building Sq. Ft.:
11,000
Facilities:
Located on a main street with easy access in and out there is ample parking for customers. The entire lot is fenced in and a security system is in place for the building.

Furniture and equipment list includes a high tech Snap-On diagnostic scanner, a gym full of exercise equipment, numerous pieces of shop equipment vital to the industry, one forklift, 2 parts washers, various chairs for seating in waiting room, tv, washer and dryer, several desks, 2 printers, 3 computers; break room furniture including microwave, refrigerator, table and chairs?.
Market Outlook/
Competition:
While there are other auto repair shops in the area, this shop has been in business for nearly 50 years with an extremely strong customer base. The business has an excellent web presence and many great reviews that makes it stand out from the competition.
Growth & Expansion:
There is room for business growth currently by operating more than 5 days per week. Additional revenue can be generated by renting part of the property.
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About the Sale

Reason For Selling:
Sellers are retiring, ready to do some traveling and enjoy the fruits of their l
Training/Support:
They are willing to support and train for a pre-determined period of time.
Seller Financing:
Seller will consider financing 10% of the purchase price

Listing Info

ID:
1627852
Ad Detail Views:
0

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Business Listed by

Keith Turner

Best Business Brokers
License# 374343

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Sponsoring Broker:

Dean Burnette
Best Business Brokers
License# 335135


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