Auto Repair- Established and Profitable, Includes Real Estate

AutomotiveFor Sale in Johnson City, TN

Listing ID: 041025 | Broker Listing ID: BLP431256

Financial & Assets Details

Revenues: $860,163

Cash Flow: $166,013

FF&E: $89,300

Inventory: $1,000

Inventory Inc. in Price: Yes

Real Estate: $350,000

Square Feet: 3,240+/-

About the Business

Real Estate Included: Yes

Year Established: 2016

Employees: 6 FT

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.
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.
Ad#:2269930

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.

Market Competition:

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

Location Details:

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.

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.