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Established Automotive Industry Business

Kingsport, TN (Sullivan County)

Established Automotive Industry Business
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Asking Price: $250,000

Cash Flow: $208,000

Gross Revenue: $543,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: N/A

Established Automotive Industry Business

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Business Description

Great Database Of Customers*Solid Crew In Place

This is a top brand established, automotive accessories business, specializing in navigation, security, window tinting, detailing and custom wheels and rims! Seller just finished a fantastic build-out of the location which cost him hard money of about $350,000! The facility looks terrific and is currently working towards its first year’s sales target of $500,000 which is projected to net the owner, in his pocket, about 38% of sales or about $200,000!!!! The seller needs to move with his family unfortunately and will have to sacrifice the business. Again, this is NOT A FULL START-UP, AS IT HAS EMPLOYEES (HARD AT WORK), SALES, AND ON-GOING CUSTOMERS!!

Seller/Franchisor can provide a 3 year projection where they show a paycheck to you of about $310,000 on about $700,000 in sales!!! That’s dropping 45% of sales to the bottom line and there are not that many business that do that, short of being illegal! Talk to the franchisor and to your financial advisor and see if you feel these projections bear this out, we feel it does, but don’t put ANY money at risk until you’re confident of this trajectory. .

*Gross Revenue and Cash Flow Projected* Buyers must verify with Seller/Franchisor and buyers' own advisors.

*All information, data, financials, etc. must be verified with the seller and buyers own professional advisors, CPA, etc. Buyers should always verify all information with the seller and buyer's own independent advisors before putting any money at risk. No brokers or students please.

CONTACT US TODAY. We will provide a short NDA for you in an email shortly after you inquire.

Detailed Information

Location:
Kingsport, TN
Facilities:
Very clean, smooth, well-operated facility. Trained techs, equipment, parts, inventory, etc. in place.
Competition:
The Company’s products and services will appeal to a wide range of consumers. The business offers many auto services, including audio/video, detailing, alarms/security systems, auto repair, and more. The average location serves approximately 10 customers per day with a typical sale of $200.00 each. Exact demographic data is hard to find, but several industry insiders who run franchises say (on forums) that the typical customer is a male between the ages of 25 and 45.The franchisor provides great franchise support and powerful marketing tools to effectively target customers.
Growth & Expansion:
Implement aggressive marketing, advertising. Build relationships in the community. Trade shows. Join clubs, associations, chambers.
Support & Training:
NO EXPERIENCE IN AUTOMOTIVE IS NEEDED. Extensive training/support provided by Franchisor/Seller
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Business Listed By:
Patrick Sherman

Blue Stone Business Group

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