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- RE: Turnkey Auto Service W/ Real Estate
- Contact: Sean Rollins
Quick Facts
Asking Price: | $749,000 | |
Annual Revenue: | $937,626 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $197,089 | |
Total Debt: | Not Disclosed | |
FF&E: | $100,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 1999 | |
Employees: | 7 | |
BBN Listing #: | 986979 | |
Broker Reference #: | 13485-993136 |
Business Overview:
Looking for a profitable, well-equipped auto service business in Eastern North Carolina? This turnkey operation is ready for a new owner to step in and continue its success.
Built 6.5 years ago, the efficiently designed facility allows for smooth workflow and future growth. The 7 full-time employees—including 2 service writers and 5 experienced technicians—ensure seamless day-to-day operations, while the current owner manages the business without hands-on involvement in repairs or ticket writing.
The sale includes all necessary equipment, which is modern, well-maintained, and in excellent condition. Additionally, the 1,100 sqft of unfinished space offers opportunities for expansion or rental income.
If you’re looking for a well-established, growing auto service business with a strong team and room for further development, this is it!
*Sale is to come with the real estate. Asking price for the real estate is $550,000, for a total purchase price of $1,299,000*
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Property Features and Assets:
The current owner purchased this auto service in January 1999 as a three-bay foreign car shop. Since then it has undergone significant growth and transformation. Initially a specialized service center, it was expanded into a full-service facility, adding tire services. By 2005, seller further enhanced operations to a seven-bay operation. In 2018, he established a second location, which ran successfully for five years. In December 2023, the strategic decision was made to close the first shop, selling it to a non-automotive business, and focus exclusively on the new second location, consolidating the customer base and communication channels for improved service.
Market Competition and Expansion:
When building the shop, the owner left about 1,100 sqft unfinished. This can be built out to expand the shop or into a rental space for an additional source of income.
Reason for Selling:
retiringAdditional 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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