Reduced - Established Mechanical and Collision Auto Shop

Knox County, TN

Seller Financing Available
Reduced - Established Mechanical and Collision Auto Shop
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Asking Price: $749,000

Cash Flow: N/A

Gross Revenue: $430,465

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Real Estate: N/A

Established: 1975

Reduced - Established Mechanical and Collision Auto Shop

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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.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
9,000
Employees:
6
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.
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.
Support & Training:
Mutually Agreeable
Reason for Selling:
Retirement
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Doug Kose

Business Listed By:
Doug Kose

Transworld Business Advisors of Knoxville

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