Automotive Garage with 6 Bays

Business Opportunity for Sale
Catylist Listing ID: 30344596
Property Subtypes: Auto Related
Building Size (RSF): 3,436 SF
Sale Price: $184,000 - 184,900
Name of Establishment: Richards Automotive
Business Website Address: none
Franchise Parent Name: none
Year Business Established: 2003
Gross Revenue: $0 (Annual)
Cash Flow: $0 (Annual)
Relocatable Business: Yes
Sale Terms: Cash @ Closing
Last Updated: 3/13/2019

Overview / Comments

Ready to begin your Auto Business???? Now being offered great ...
Concrete Block Building Built in 1989 Has 6 Enclosed Garage Bays and 1 Carport Bay. Clean Concrete Floors, Nice Brick Store Front with New Paint and each bay with Good Garage Doors! Large Parking Lot, Entire Back Lot fenced in. 100x180 lot size.
One of the Bays is completely new addition. 10x10 Roll up door 13 Ft High Ceilings. Building has been well maintained. Natural Gas, Concrete Floors. LED Lighting has been added to new area and office area. Clean Office area with Custom Desk built for height of greeting customers. Nice Restroom and Break room. Many built in Shelves for storage and organization. Building will come equipped with 4 Post Drive On Alignment Machine (value new- $12-15k), 2 Post Lift 10K lb (valued @ 5k new) , Compressor 100-120 gallon (value $4000 new) Plumbed in Bulk Oil Tank (valued @ $1250) , Waste Oil tank. Comcast or EPB , South Gas, Water/Sewer . Located just minutes from I 75 and would be a good investment for those investors purchasing rental property.
This could be several different Auto Services, Paint, Repair, Body Shop, Tire, Automotive or all of the services combined.
No Cleaner establishment available than this one!

Additional Details

Nearest MSA: Chattanooga
County: Walker
Industry Segment: Auto Body and Repair
Reason for Selling: Semi Retirement- Ready to slow down
Value of Inventory Included ($): $35,000
Value of Furniture, Fixtures, and Equipment ($): $60,000
Real Estate Status: Real Property
Value of Real Estate Included ($): $150,000
Real Estate Lease Description: n/a
Employee/Labor Description: Depends on buyer and what they choose to do with building. Could easily employ 12-20
Mgmt/Training Support Description: n/a
Competition/Market Description: only Major Dealerships in Chattanooga area. Opportunity for personal serivice
Growth/Expansion Opportunities: Spacious Bays, Large back parking area fenced.
Seller Financing Description: n/a

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,593 53,703 119,930
Median Age: 37.28 36.77 37.46
Households: 2,256 21,887 48,912


Photograph of Listing Agent

Lisa J Heyer

BH&G R E Jackson Realty Greater Chattanooga REALTORS® Member
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