Auto Repair Shop w/ High Cash Flow, Strong Repeat

Weaverville, NC
Buncombe County


Asking Price: Annual Revenue:
$392,760 $504,334

Automotive & Boats: Auto & Truck Repair & Service


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RE: Auto Repair Shop w/ High Cash Flow, Strong Repeat Broker: Austin Higgins
Owner Financing is Available!

Quick Facts

Asking Price: $392,760
Annual Revenue: $504,334
Net Profit: Not Disclosed
Cash Flow: $133,511
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: Not Disclosed
Year Established: 2014
Employees: 1
BBN Listing #: 245651471
Broker Reference #: 19375-916529

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Business Overview:

High Cash Flow Auto Repair Shop in Growing Residential Area

Seller Financing available for qualified buyers! Located north of downtown Asheville, this auto repair shop is an ideal opportunity for industry players and business-minded repair techs alike. Currently has 3 bays, room for a 4th. Great books and records will prove that this shop has everything you’ll need to make this a successful venture and make honest money from the jump! Owner is willing to stay on as an employee for up to a year to smooth the transition. Real estate is available, call an agent today to learn more!

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.

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.

3 bays, office, storage, bathroom. Office could be shrunk to put in 4th bay.

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Property Features and Assets:

Few small shops in the same industry within a few minutes drive, but they do not affect this shop. 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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