Auto Repair Business

Location: Alabaster, AL (Shelby County)

Financial Information
Asking: $350,000
Cash Flow: $80,000
Gross Revenue: $635,000
FF&E: $190,000 (included in asking price)
Inventory: $15,000 (not included in asking price)
Rent: $4,000 per month

Business Description

Terrific Opportunity for a new owner to continue to increase this business. This automotive business was established in 1972. Prior to the previous owner closing for COVID in March 2020, the business is said to have had sales over 1 million. The current owner bought the business in August 2020 as an asset sale when it was closed. Shortly after reopening in October 2020, the current owner has pretty much relocated out of state dealing with some personal issues. The owner currently is coming back in town for only a few days at a time. If you are looking to own an auto repair business, inquire today for this opportunity.

Facilities: Paved parking for customers. 2 very busy highways intersect at the corner of the business property. Building is approximately 6000 sq ft. There are 6 bays and an office. Rent is currently $3500 for the shop and $500 for office area.
Growth and Expansion: Increase revenues by opening on Saturday maybe adding some techs etc
Willing to do what is necessary for smooth transition
Reason Selling: Health and Relocation
Year Established: 1972
Employees: 4