Established Auto Repair and Tire Center

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Automotive Businesses for Sale

This automotive shop was established in 1972. Before closing for the Covid virus in March 2020 the 2019 revenue was $1,208,291. The current owner bought the business in August 2020 as an asset sale. After reopening in October 2020 the revenue for 3 months in 2020 was $173,510. Through April in 2021 the revenue is $239,095. The location is very good. Growth continues. The new owner said he expects to double the profit from the last year of business of the previous owner. There are 6 tall bays. There is a nice office with waiting area and bathroom. Paved parking for customers. 2 very busy highways intersect at the corner of the business property.  

Financial Information

  • $400,000 Asking Price
  • $250,000 Cash Flow
  • On request Gross Revenue
  • On request Down Payment
  • Yes Financing
  • N/A Inventory

Business Location

  • City: Shelby County
  • State: Alabama

Support / Training Comments

  • Seller will negotiate a transition period

Financing Comments

  • Buyer must provide own financing. Revenue shown is for 3 months operation in 2020 and 8 months operation in 2021. Cash flow of $132,103 is projected by for 2021. Thru August the cash flow is $88,069

Reason for Sale

  • Relocation out of the area

Detailed information

  • Home Based: No
  • Franchise: No
  • Relocatable: No
  • Part time Employees: N/A
  • Real Estate Included: No
  • Monthly Rent: On request
  • Real Estate Available: No
  • Building Size: 6000
  • Fulltime Employees: 5
  • Real Estate Value: N/A

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Business Listed by Sunbelt of Birmingham
Contact
Don Smith
Listing ID
BIRMIAL001-47688
Office Phone (205) 879-7220

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