Dependable and Preferred Automotive Service and Repair Shop

Hytop, AL (Jackson County)

Dependable and Preferred Automotive Service and Repair Shop

Asking Price:$499,000

Cash Flow:$153,782

Gross Revenue:$721,509




Real Estate:$150,000


Dependable and Preferred Automotive Service and Repair Shop

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Business Description

Expertly located between Hunstsville, AL and Chattanooga, TN, this automotive and tire service shop has provided excellent and dependable services to the North Alabama region since 1997. The business has a staff of technicians with elevated skills, offering more diverse automobile services at one location than the surrounding competitors. The business stands behind their work, and "no fault" type of warranties, and has a large roster of longstanding and loyal clientele. The equipment and facilities have seen recent updates and improvements to keep the business on the cutting edge.

Diverse Dependable Service, an Excellent Location, and nearly 20 years in Business make this an excellent opportunity for any interested acquirer!

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Detailed Information

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Real Estate:
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Building Sq. Ft.:
Furniture, Fixtures, & Equipment (FF&E):
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The modern facility that houses this business is comprised of two service buildings, one of which was built in the 1960's. The original 2-bay service building is roughly 2275 square feet, and was expanded in 1999 to include a 500 square foot office space, and three total service bays. The second building, at roughly 5400 square feet, was constructed in 2001, and provides three additional service bays and warehouse space for spare tires and parts. The service equipment was recently upgraded in 2015 with the purchase of new tires, changers, balancers, new lifts, a new alignment machine, and a new TPMS servicing system. Recent repairs were done in 2014 on the AC equipment and SnapOn diagnostic equipment.
This business offers a more diverse range of automobile services for customers, which is what sets this business apart from its competitors. The business offers superior services, and stands behind a "no fault', no questions asked, type of repair warranty, guaranteed for a minimum of 6 months, and a genuine lifetime guarantee on brake services. This business has a well-known and respected name in both the market area and business arena, and boasts an large roster of longstanding and loyal clientele.
Growth & Expansion:
The business has seen consistent increases in both sales revenue and profits, and the assets of the business far exceed its liabilities. The service delivery process is one that a new owner can very easily adapt and carry on. The business owner has also maintained an organized customer database on which a new owner can rely. Top and bottom line profits could be increased by establishing a website to expand the online presence of the business and generate new business. The business owner also suggested dedicating one service bay to routine maintenance inspections on every vehicle that comes in the shop to generate additional income.
Support & Training:
Currently, the business has 5 active full-time employees, all trained technicians with elevated skills in automotive service and repair. The business has a staff and management in place to help a new owner successfully manage the transition into new ownership, and the staff can provide continuity after the owner's departure that clients know and trust. The business owner is willing to remain involved for a 3-12 month post-sale transition period, and wishes to remain as a part-time consultant for the business after it is sold.
Reason for Selling:

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GreenTree Acquisitions Inc.

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GreenTree Acquisitions Inc.

GreenTree Acquisitions Inc.

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