Owner Financing is Available
Business Overview:
Auto Repair with High Cash Flow (before loan or mortgage) - $175,000 plus & SBA Loan Approved for Sale 15 minutes outside of Charlotte, NC for $1,499,000 plus Inventory ($60,000). Included in this price is over 1 acre of land, which, if sold separately, would be approximately $1,300,000. This auto repair business plus Real Estate has already been approved for an SBA loan for qualified buyer with down payment & experience in the Auto Repair industry. Possible partial owner financing is available on the property. Note-New owner would pay loan out of cash flow, thus reducing the cash flow. Property & Building are valued at approximately $1.3M & Business is offered at $ 450,000 (Includes Equipment valued at $170,000 & Goodwill) plus Inventory. Lease would be $6,000 per month. Excellent opportunity for new business owner to reap the rewards of current owner's hard work. This business is in the greatest location for growth. Located only 15 min from Charlotte, on 4-lane hwy, it is near business, retail, restaurants, banks, residential, etc. Fully computerized & large customer base will help new owner to make smooth transition. Certified, skilled employees contribute to great customer service, & as a result, the business has repeat clientele. The recently-remodeled building has multiple bays with large roll-up doors & ample parking. Price includes over 1 acre real estate and is in great location for further growth. Due to the sluggish economy, more people are choosing to keep & repair their cars rather than buy new ones. This Auto Repair Business provides almost all auto & truck services. This is a Win-Win deal. For additional information, P & L's, and pictures, please copy/paste the link below, complete the Confidentiality Agreement and Buyer Questionnaire forms, print them, then SIGN and fax to our office at 1-888-258-6224. For questions, please contact Tonya @704-550-4428. Business Brokers of the Carolinas, LLC
http://www.bbotc.net/CA_NDA_BQ.pdf
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Multiple bays with large roll-up doors. Plenty of room for parking; includes over 1 acre land & remodeled bldg. Much equipment has been updated & is valued at over $170,000. There is also room to lease out to related businesses &/or add more services.
Market Competition and Expansion:
Auto Repair Shop offers such a large variety of services. Repeat clientele due to great customer service. Located in area of expansion, including business & residential. This profitable Auto Repair Business with Property is located on busy 4 lane hwy near businesses, retail stores, restaurants, banks, residential, etc. This area is experiencing growth, which should help to increase the positive cash flow. Large customer Base, Fully Computerized, Certified & Skilled Employees all make this business ready for growth. Owner is retiring from this family-owned business. New owner can take this business to the next level with new growth coming to the area. Could add new services, later hours, & more marketing. Sales are steady for 2009.
Reason for Selling:
Owner is retiring.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.