Auto Body Shop-Towing Service-Profitable-with Prime Real Estate

Tennessee
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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
BUSINESS DESCRIPTION

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.


DETAILED INFORMATION
Location
Tennessee
Inventory
Included in asking price
Real Estate
Owned
Building SF
20,425
Employees
16
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The facility sits on 2-3/4 acres of land with a fully equipped 14,000 s/f auto body shop including 3 paint booths, a 4,800 s/f detail area, an office building and a storage building.
Competition
Sales have been growing year after year. This body shop and towing service has been successful for over 40 years.
Growth & Expansion
East Tennessee has experienced phenomenal growth and is amongst the most popular areas of the country to relocate to.
Support & Training
The seller and staff will provide a new owner with all of the training that is needed.
Reason for Selling
Retirement
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Paul
Semenoff
The Capital Group
Paul Semenoff