Race Engine Building Shop

Business Opportunity for Sale
Catylist Listing ID: 30521684
Property Subtypes: Auto Related
Building Size (RSF): 10,000 SF
Sale Price: $849,900
In Opportunity Zone? Yes
Name of Establishment: Race Engine Design
Business Website Address: Race Engine Design Inc
Year Business Established: 1981
Gross Revenue: $0 (Annual)
Cash Flow: $0 (Annual)
Sale Terms: Cash to seller
Last Updated: 11/14/2019

Overview / Comments

This is a race engine design, build, repair shop. This has been owned and operated by the same person since 1981. The client list is extensive and great repeat business. The gas station next door contains the race fuel tanks for customers needs. The 3 employees have been working here many years and have a vast knowledge of race engines and problem solving. THIS is a great opportunity for you to own your own business in a field that high tech and growing.

I have much info on this business and will get it in your hands if this sale progresses.

month old survey
tax returns
equipment and tools list
inventory fluctuates daily but will show you most current.

IF YOU NEED THE BUILDING ONLY WE CAN SEPARATE THE BUSINESS AND BUILDING

Additional Details

Nearest MSA: Chattanooga
County: Walker
Industry Segment: Auto Parts Retail and Distribution
Reason for Selling: Retirement . Been here serving customers since 1981
Value of Inventory Included ($): $200,000
Value of Furniture, Fixtures, and Equipment ($): $150,000
Real Estate Status: Real Property
Value of Real Estate Included ($): $540,000
Employee/Labor Description: 3 employees

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,282 63,833 134,449
Median Age: 40.21 36.97 37.34
Households: 2,985 26,298 54,784

Contact

Photograph of Listing Agent

John R Rewcastle

RE/MAX Properties Greater Chattanooga REALTORS® Member
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