Spotless Auto Garage with 6 double bays in Idyllic Middle TN

Robertson County, TN

Asking Price: $350,000

Cash Flow: $150,000

Gross Revenue: $789,000

Business Description

Newly remodeled, spotless ASE Certified / AC Delco independent auto garage features 6 double depth bays in a 6,000 sparkling facility on 1.7 acres surrounded by and protected with new security- chain link fence and camera recording system. State of the art equipment offers high tech diagnostics for all makes and models to bring the long list of established customers (over 20+ years in business) the best service experience possible. Commercial fleet (municipal government) customers are brought in and out daily (on a two-vehicle flat bed tow unit) from their facilities in surrounding communities and as far south as Murfreesboro.
2018 Year-to- date (through June 2018) shows $404k gross, cash flow of $111k- tracking for more than $50k over 2017 SDE.
Cash flow assumes total acquisition of business + real estate. Rent at $6-7sf would impact cash flow by $36 to $42k. $138,000 FF&E included in sale: lifts vehicles, tire/alignment equipment
The small building at the front corner of the street,has just been completely remodeled— making it suitable for a retail shop or office (unrelated to the business). It can also be acquired as part of the real estate parcel or the owner will retain.

Detailed Information

Included in asking price
Real Estate:
Not included in asking price
Building SF:
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Newly remodeled, spotless – freshly painted floors, remodeled offices, waiting area, new lot surface, chain link fence around the 1.7 acre lot, 6 double depth bays.
Normal competition here and there in town – few with the reputation for service nor long list of dedicated, satisfied customers. Without missing a single work day, nor inconveniencing a single customer, the Automotive Service Garage was relocated from just off of Main Street the last week in August.
Growth & Expansion:
The company’s widely known reputation for service excellence can be leveraged to drive growth several ways: • Extended work hours to Saturdays half day (has always been Mon-Fri 8-5) • call on other municipal (and state) governments, and local private industrial enterprises for additional fleet vehicle business • build social media over and above the excellent website • direct mail / coupons
Support & Training:
2 weeks, then 1 day/week and by phone.
Reason for Selling:
relocation to family home state of GA

This listing was added 05/29/2018

The Listing Broker

Bill Oates