70+ Year Profitable Auto Shop With Real Estate Included

Business Overview:

70+ year family owned full service automotive shop in prime location is available for owner/operator. This business is located in a fast growing market with a new Amazon distribution center and Fed Ex across the street. Solid repeat customers is the key to success and organic growth is based on adding in fleet maintenance which at this time they have had to pass on due to manpower. Revenues every year are right at $500k, and SDE averages $145K. Manpower consists of 1 FT Manager, 2 FT Oil and Lube, 1 Mechanic. Owner provides administrative support. Real Estate accommodates 6 vehicles inside in 2,132 Sq ft with 2 additional outside lifts. Income producing property on-site, duplex with rent of $1,400/mo. Website and marketing needs to updated and refreshed. Family medical issues is causing owners to spend more time away from business so they have decided to retire. For more information please contact Shanon Madrid at 919-624-9275 or smadrid@sunbeltnetwork.com

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Property Features and Assets:

Included in sale price. 2,132 square feet with inground oil changing pit. Room for 6 vehicles.

Market Competition and Expansion:

No other automotive shop in 5 miles radius. Sits in large metropolitan area and growing.

Reason for Selling:

Retirement

Additional Details:

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