Auto Repair- Established and Profitable, Includes Real Estate

Unicoi County, TN

Asking Price:	$650,000
Inventory:	$1,000
FF&E:	$89,300
Established Year:	2016

Gross Revenue:	$860,163
EBITDA:	$166,013
Real Estate:	$350,000

Listing ID: 2269930Listing provided by BizBuySell

BUSINESS DESCRIPTION

Own this established auto repair business that is profitable, has a solid repeat customer base and includes the real estate. A great opportunity to earn a good living while building equity with the real estate. As a bonus, this business is closed on Saturdays and Sundays to allow employees to rest and enjoy their family.

A secondary benefit is living in one of the best places to reside, especially in a low tax state with an abundance of outdoor activities and venues within close proximity. Be sure to request our Executive Business Summary for more details. Requires submittal of an NDA.

DETAILED INFORMATION

Location

Unicoi County, TN

Inventory

Included in asking price

Real Estate

Owned

Included in asking price

Building SF

3,240

Employees

Furnitures, Fixture & Equipment(FF&E)

Included in Asking Price

Facilities

Located on a .83 parcel improved with a 3,240 square foot building. There are three bays, each equipped with lifts. The building was built in 2001. It is a prefabricated engineered steel building with slab-on-grade floor system and continuous footer. Combined city and county taxes were $2,209.03 in 2023. Included is a separate outdoor storage building.

Competition

There is a relatively low number of competitors in the market. Currently, the business stays very busy servicing long time clients.

Growth & Expansion

According to IBIS World, the industry is expected to grow 1.3% annually through 2027. Tennessee has been experiencing significant population growth in recent years. This increase will result in more vehicles to be serviced. This business should get is fair share.

Financing

Eligible for SBA financing for up to 25 years.

Support & Training

Two weeks of transition training is included in the sale price. Additional training with the seller is also possible, including staying on for a period of time to help manage the business.

Reason for Selling

Owners would like to semi-retire or divest their interest.

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