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- RE: Auto Repair Shop - Eastern NC
- Contact: Tom Morse
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 |
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.
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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:
- View more North Carolina businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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