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  • RE:  Auto Repair Shop - Eastern NC
  • Contact:  Tom Morse
Owner Financing is Available!
Owner Terms:$24,900.00 Interest:9% Term Months:60 Monthly Payment:$516.88

Quick Facts

Asking Price: $249,000
Annual Revenue: $723,960
Net Profit: Not Disclosed
Cash Flow: $13,842
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: Not Disclosed
Year Established: 1955
Employees: 7
BBN Listing #: 159458201
Broker Reference #: 13485-165081

Email or Print Listing

Business Overview:

Well-established, family-owned 17 bay automotive repair shop conveniently located to high-traffic streets is a great opportunity for an experienced mechanic or service writer to build and grow their legacy.

This business has a reputation for being fair and honest and has significant potential for growth and expansion through active marketing and outreach campaigns, service specials, follow ups, loyalty programs and concierge service.

The techs and mechanics are experienced, knowledgeable and provide great customer service. They are a dedicated and knowledgeable team, who are already familiar with the operations, and committed to delivering top-notch service to customers. Their expertise and experience contribute to the business's continued success and customer satisfaction.

Don't miss out on this exceptional opportunity to own a highly reputable auto repair business in Eastern North Carolina.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

Monthly Rent: $3,500.00

Square Units (Foot, Meter): 15,000

Terms Options: Triple Net

Facilities:    (2) free-standing buildings and a total of 17 service bays, office areas, and parts inventory.

FF&E Overview: Major FF&E Includes:
International Rollback Truck, Chevrolet Van, Wrecker, Vehicle Lifts

FF&E General Condition: Good

Market Competition and Expansion:

Competition: There is some local competition from car care "centers," but limited competition from family-owned, long-standing businesses.

 

Expansion: This is a growing market and drivers want trusted, independent shops to service their vehicles. As the cost of new vehicles continues to escalate, the demand rises for maintaining current vehicles. There's a great opportunity to capitalize on the existing customer base and establish new customers through outreach, social media, email campaigns, service specials, and promoting value-added services such as preventative maintenance.

Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • 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:

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