Business for Sale Overview:
Price Just Reduced! This Auto Repair Business with Large Positive Cash Flow ($100,000) in Busy Area of Metro Charlotte is available for purchase for $450,000 plus Inventory (valued @$60,000). The terms of the lease for the property/bldg would be $5000/mo with a long-term lease. The property/bldg can also be purchased for add'l $1.3 M. Owner is willing to finance RE with 30% down to qualified buyer with good credit. Excellent opportunity for new business owner to expand the services through advertising & hiring add'l employees, thus increasing the revenues. Current owner, who is retiring, has worked hard to establish large, solid customer base. The auto repair business has a great reputation in the area & is located in prime location on busy 4-lane hwy with businesses, retail stores, restaurants, banks, residential, etc nearby. Business is fully computerized & new equipment worth $20,000 was recently purchased. Total value of Furniture, Fixtures, & Equipment, which is included in the asking price of $450,000, is $170,000. Certified technicians & skilled employees offer great customer service & help to ensure the customers continue to bring their vehicles into this auto repair. For more details, please download Confidentiality Agreement from website, www.bbotc.net, complete form & sign, then fax to our Charlotte office @1-888-258-6224. For add'l questions, please call Tonya @ 704-550-4428. Business Brokers of the Carolinas, LLC
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Property Features and Assets:
This auto repair business has multiple bays with large rollup doors & ample parking. Bldg has been remodeled & add'l new equipment, valued @ $20,000 has been purchased. This auto repair business can be purchased for $450,000 + Inventory ($60,000) while the property & bldg can be leased for $5000/mo with a long-term lease. Property can also be bought for additional $1.4 M. Furniture, Fixtures, & Equipment, valued at $170,000, is included in the price of $450,000.
Market Competition and Expansion:
While there are other auto repairs within a few miles, no other auto repair business offers such a large variety of services. Business is located on busy 4-lane highway and is in a great location for its services, with many businesses, retail stores, banks, restaurants, & residential nearby.
This very profitable auto repair business is located in prime location on busy 4-lane highway. This area is experiencing growth, which should help to increase the already positive cash flow, thus making this a lucrative business to operate. Owner is retiring from this family-owned business. New owner could take this business to more profitable & busier level with advertising & additional employees. New growth in the area will also contribute to the expansion of this auto repair.
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.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.