8 Bay Auto Shop With Real Estate Included
Not Disclosed, NC Caswell County
Asking Price:
$570,000
Annual Revenue:
$400,000
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- RE: 8 Bay Auto Shop With Real Estate Included
- Contact: Adam Ezell
Owner Financing is Available!
Quick Facts
| Asking Price: | $570,000 | |
| Annual Revenue: | $400,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $30,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $70,000 | |
| Real Estate: | $400,000 | |
| Year Established: | 1964 | |
| Employees: | 5 | |
| BBN Listing #: | SB-54038 | |
| Broker Reference #: | DURHANC001-54038 |
Business Overview:
This auto shop has an incredible amount of potential and unused capacity that is poised to vastly increase its earnings with some TLC. Buyer has the opportunity to increase the amount of bays utilizing the included storage building next to it. Seller financing available at low interest rate. Total asking price includes the property, rollback truck, loaner vehicle, all shop equipment and inventory, and pristine brand recognition within the community. The real estate itself is valued at approximately $400,000. This is an exceptional opportunity to buy-in low for a large automotive shop at base asset value at a 3.75% interest rate. This type of opportunity is a rarity in today's market. Please contact Adam Ezell at (919) 622-4099 or aezell@sunbeltnetwork.comTo request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Property Features and Assets:
Three different buildings totaling 11,000 sq. ft. Four bays are in the front building with four in the back. The third building is currently a large warehouse building that has a bay in there for other side projects and a bunch of storage. Owner could convert this.Market Competition and Expansion:
There is a lot of opportunity to take on new business. Currently, the only way to set up an appointment is online. The shop has turned away a lot of business due to the owner's health and has an exceptional reputation in the community. This is probably the most well known shop in the entire county.Reason for Selling:
Health reasonsAdditional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more North Carolina businesses for sale
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