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- RE: Established, High-Income Auto Repair Business
- Contact: Sherri Ferguson
Quick Facts
Asking Price: | $295,000 | |
Annual Revenue: | $1,559,296 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $116,427 | |
Total Debt: | Not Disclosed | |
FF&E: | $135,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2006 | |
Employees: | 9 | |
BBN Listing #: | 951825 | |
Broker Reference #: | 67675-820751 |
Business Overview:
Don't Miss This Established Auto Repair Center opportunity!
With staffing, including two (2) managers in place, this established business has become the sought-after location for car needs. Certified Auto Repair Center and providing customers living in Durham, Morrisville, and Cary with tires and automotive services.
The current Owner works PART-TIME in the business.
**Location - This highly visible facility is located at a major intersection with 35,000+ cars going by every day.
Buying an existing auto shop can be a strategic move for several reasons:
Immediate revenue: This existing shop has a loyal customer base, providing a steady income stream from day one.
Word-of-mouth marketing: Positive customer experiences over these many years have led to ongoing referrals and new business.
Ready-to-use facilities: This shop already has equipment, tools, and workspace in place.
Established processes: Existing systems for inventory management, scheduling, and customer service can be adopted or improved upon.
Experienced team: This existing shop has skilled technicians and experienced staff in place, including 2 managers.
Reduced hiring costs: You as a new owner will avoid the time and expense of recruiting and training new employees.
The fiscal performance provides data on market demand, pricing, and competition.
Prime locations: The major shop's roadfront location is already established, and strategically located in a coveted high-traffic area.
The shop is already compliant with local regulations, saving time and effort.
Established relationships: The main location has built long-term relationships with suppliers and vendors.
By acquiring this existing auto shop, you can leverage these advantages to build upon the shop's success and achieve your business goals more efficiently.
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Property Features and Assets:
Monthly Rent: $13,963.00
Lease Expiration Date: December 30, 2024, 12:00:00 AM
Facilities:2 locations close to each other.
Reason for Selling:
HealthAdditional Details:
- The property is Leased.
- 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
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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