Reduced - Established Mechanical and Collision Auto Shop

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Family Owned for Decades; Includes Real Estate
Asking Price:
$749,000

Gross Revenue:
$430,465
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed
included in asking price

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed
included in asking price

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Business Description

Same ownership since 1975, this mechanical and collision auto shop is a community staple. A customer base comes from all over the region because of the trust that has been established in the area for doing things the right way. The business includes real estate with a fenced-in property located on a very busy road that traffics over 14K cars daily.
The mechanical and body shops (housed in separate garages) represent the core revenue generated for the business. There are numerous lifts, 10+ bays, security system and an office area. Additionally a state-of-the-art paint room (24 x 15) for cars to pull in + a paint supply room and restoration of cars also contributes to the bottom line. A solid and loyal team is in place for a smooth transition to new ownership.

About the Business

Year Established:
1975
Number of Employees:
6
Real Estate:
Owned
Building Sq. Ft.:
9,000
Facilities:
Property is on an acre and a 9,000 sq ft buildings that house an office and waiting area along with two garages and 13 bays.
Market Outlook/
Competition:
There are other auto repair shops in the area but few if any have this company’s reputation and long-standing management and trust developed in the community.
Growth & Expansion:
The owners were doing close to $1 million in sales at their high point. This business can be built back up as there is adequate space in the garages along with implementing a marketing plan to target more customers. Word of mouth is the only marketing tool currently.
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About the Sale

Reason For Selling:
Retirement
Training/Support:
Mutually Agreeable

Listing Info

ID:
1540166
Ad Detail Views:
636

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Business Listed by

Doug Kose

Transworld Business Advisors of Knoxville

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U.S. Census Data for Knox County, TN
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Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for Knox County, TN
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Source: American Community Survey (2010-2014), United States Census Bureau.

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