Non-franchise Auto Garage in Sumner County. Owner Absentee


Non-franchise Auto Garage Killing it for 19 years- ABSENTEE owner    in  Sumner County, TN

Business Description
With a reputation developed over 19 years, testimonials illustrate this auto service center is THE go-to auto repair shop in the area, offering service from preventive maintenance to major repairs. Sales have kept pace with the explosive growth this small community is enjoying- it is listed as one of the top places in Tennessee to raise a family! ABSENTEE OWNER, who started the business is involved full time in his other enterprises, and enjoys cash flow of more than $195k- on track to reach $260k by the end of 2017.

Seller owns the real estate which can be had for $260k- 2700ft shop/building, recently updated, on .28 acres. Owner prefers to sell the real estate but will lease- fair market value of rent will impact cash flow (by adding the rent expense of) $22,680 per year .

$101,000 of FF&E, plus $10,000 of inventory included.

Highlights

Asking Price:  $460,000

Cash Flow:  $196,000

Gross Revenue: $731,000

FF&E:  $101,000

Inventory:  $10,000

Real Estate:  $260,000 (not included in asking price)

Established:  1998

Detailed Information

Inventory:  Included in asking price

Real Estate:  Owned. Not included in asking price.  Building SF:2,700

Employees:   four

Furniture, Fixtures, & Equipment (FF&E):  Included in asking price

Facilities:  Fully equipped 2700 square foot shop on .28 acres has 5 lifts, Hunter Alignment Machine, Hunter Tire Balancer, 2 tire machines, exhaust pipe bending machine, milling machine, Tripack Hobart Welder, IR commercial compressor, computer with Mitchell One Parts Order System, several 3-ton jacks, 2 air-powered transmission-fuel tank jacks, various specialty tools, oil tanks, drill press, evap smoke machine, and much, MUCH more. Central heat and air, new paint and interiors.Competition:Normal competition from other non-franchise shops- not all advertise ASE

Growth & Expansion:  The business has managed growth well- new and well-maintained equipment has helped the shop keep up with demand. It is positioned to reach even greater capacity in the hot area growth environment under the auspices of a new owner. If this is an owner operator- even greater cash flow can be attained. If that person wishes to own and operate absentee, the seller says: "You don't have to know anything about cars... sales graphs tell me how things are going without being there.

Financing:  10%

Support & Training:  30 days

Reason for Selling:  Other business interests: contracting and real estate investment

Interested in Buying the Owner Absentee Auto Repair Biz? Contact Me!


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