Established Auto Repair Shop, Great Location

Weaverville, NC
Buncombe County


Asking Price: Annual Revenue:
$392,760 $533,570

Automotive & Boats: Auto & Truck Repair & Service


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RE: Established Auto Repair Shop, Great Location Broker: Austin Higgins
Owner Financing is Available!

Quick Facts

Asking Price: $392,760
Annual Revenue: $533,570
Net Profit: Not Disclosed
Cash Flow: $145,466
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: Not Disclosed
Year Established: 2014
Employees: 1
BBN Listing #: 245651471
Broker Reference #: 19375-916529

Email or Print Listing

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Business Overview:

Auto Repair Shop w/ High Cash Flow, Established Customer Base

Located in a booming suburban area just north of Asheville, this bustling auto repair shop is busier than ever!

Handling everything but tire changes and body work, this shop has a reputation for friendly, dependable service that will keep the local customer base coming back time and time again.

The Seller has made sure the books and records are clean as can be, and can show over $130,000 in earnings each year since 2018. Growth-minded buyers would be wise to consider adding a 4th bay to increase total job capacity.

Up to 80% Seller Financing available for qualified buyers, current owner willing to stay on up to one year to ensure successful transition. Real estate is available, call today and ask for Austin Higgins to learn more!

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Property Features and Assets:

Shop had very humble beginnings. Business started on credit cards, became profitable in the first six months. This business has enabled the owner to fulfill a lifelong dream, which he intends to do following the closing of the sale. Few small shops in the same industry within a few minutes drive, but they do not affect the business. Reputation is key in the area, and this shop's reputation is squeaky clean.

Market Competition and Expansion:

Space to develop 4th bay, which could be used for longer jobs. This setup would allow for faster turnover in the other 3 bays, which would increase revenue substantially. A strong, coordinated marketing/social media push would benefit brand awareness. As the area continues to develop and draw more people, this strategy should pay dividends well into the future.

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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