Auto Body Shop-Towing Service-Profitable-with Prime Real Estate
Asking Price: | $395,000 |
Gross Revenue: | $2,071,914 |
FF&E: | $150,000 |
Established Year: | 1973 |
Cash Flow: | $140,000 |
Inventory: | $75,000 |
Real Estate: | $900,000 |
This is an established and profitable auto body shop and towing service located in East Tennessee and in business for over 40 years. They have become the "go-to" body shop for locals and the major insurance companies. Sales have been increasing each year. The seller has little involvement with the day to day operations so a hand on owner could see an increase in income. This sale includes 2 parcels, 1-3/4 acres and 1 acre, of prime commercial use real estate property and 4 buildings of over 20,000 square feet.
The main building and shop has 5 bays and 3 paint booths. Also located on the property are a 4,800 s/f secondary shop and detail area, an office building and a parts building.
The business is fully stocked and staffed and includes 4 frame machines and 3 tow trucks. Currently the sales come from about 92% body shop and 8% towing.
This well established, turn-key business is being sold along with the property which is priced at $937,500. Please call, text, email or fill out the request for more information about this business and property investment opportunity.
An adjacent, extra 6 acres of commercial use prime property is also available. (please inquire if interested).
Disclaimer: The information provided here is compiled from information by the Seller(s). The broker or agent makes no representation as to its accuracy or reliability. Buyer(s) should rely upon their own verification & that of their financial &/or legal advisors with regard to this information.