NOT DISCLOSED, North Carolina
| Asking Price |
$295,000 |
Year Established |
2006 |
|
| Annual Revenue |
$1,559,296 |
Reason for Selling |
Health |
|
| Annual P/L |
$0 |
Attention |
Sherri Ferguson |
|
| Annual Cash Flow |
$116,427 |
Listing Number |
951825 |
|
| # of Employees |
9 |
Business Category |
Automotive & Boats: Auto & Truck Repair & Service |
|
Business Overview:
SEMI-ABSENTEE: Auto Repair Business - Premium Location
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.
Property Features and Assets:
<p>Monthly Rent: $13,963.00<br><br>Lease Expiration Date: December 30, 2024, 12:00:00 AM<br><br>Facilities:2 locations close to each other.<br></p>
Market Competition and Expansion:
Additional 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