Property Information

Real Estate:

Real Property Included

Location:

Greater Chattanooga Area

Premises Details:

The 4,300 square foot facility has a 6 bay garage (5 bays as work bays), with a large long bay running the length of the building. There is a fenced in parking lot with ample parking spots for well managed lot inventory and other uses. The facility is available for sale at $435,000 and has previously been appraised by an SBA Bank for more than that amount.

Size in square feet:

4,300

Business Operation

Expansion Potential:

There are a number of opportunities to grow the business. First, a buyer could invest in outside sales to drive more commercial fleet work to the business. Second, there are a number of marketing channels like paid search rather than the CRM marketing that is mainly being used. The shop is currently only open Monday-Friday, the new owner could attract more business on Saturdays or Sundays.

Competition / Market:

The shop has the highest reviews and reputation of any shop in the area. Competition comes from smaller, privately owned shops (which have fewer employees and fewer lifts) along with a few national franchises. While the national franchises are able to compete with the shop on price, many customers, especially families, are hesitant to do business with a large national chain because of their reputation for dishonesty and would prefer to work with an independent shop.

Reasons for selling:

Pursuing new ventures

Employees:

6

Years established:

2017

Other Information

Support & training:

Up to 3 months

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

The current owner is willing to finance a portion of the transcation.

Website:

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