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

Savannah, GA (Chatham County)

Seller Financing Available
Auto Repair Business For Sale
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Asking Price: $1,170,000

Cash Flow: $167,774

Gross Revenue: $793,116

EBITDA: N/A

FF&E: $150,000

Inventory: $100,000*

Real Estate: $730,000

Established: 1975

*not included in asking price.

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

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Business Description

Auto Repair Savannah Great Location Established Profitable

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.

Detailed Information

Location:
Savannah, GA
Inventory:
Not included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
11,000
Employees:
3 ft, 3 pt
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
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?.
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.
Financing:
Seller will consider financing 10% of the purchase price
Support & Training:
They are willing to support and train for a pre-determined period of time.
Reason for Selling:
Sellers are retiring, ready to do some traveling and enjoy the fruits of their l
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(from currently available funds)
 
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Keith Turner

Business Listed By:
Keith Turner

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Memberships & Certifications:
Indicates membership in The Georgia Association of Business Brokers (GABB).


Sponsoring Broker:
Dean Burnette

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