Very Profitable Auto Service By The Beach!

Not Disclosed, NC


Asking Price: Annual Revenue:
$800,000 $1,019,883

Automotive & Boats: Auto & Truck Repair & Service


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RE: Very Profitable Auto Service By The Beach! Broker: Sean Rollins

Quick Facts

Asking Price: $800,000
Annual Revenue: $1,019,883
Net Profit: Not Disclosed
Cash Flow: $305,248
Total Debt: Not Disclosed
FF&E: $113,820
Real Estate: Not Disclosed
Year Established: 1957
Employees: Not Disclosed
BBN Listing #: 654458201
Broker Reference #: 13485-433595

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Business Overview:

This auto service has been a staple in the community for over 60 years! It is located on a very highly trafficked street with excellent visibility. The sellers have put a lot of money into facility updates including a remodeled office and waiting area, and new tools and equipment throughout the bays. Currently they are in the process of hiring an experienced GM to run the day-to-day operations so they can take a step back.

This auto service not only has a loyal customer base , it also has very loyal employees. Business comes with 5 employees, tenures ranging from 2 to 15 years. In addition to the normal clientele, sellers have secured a significant amount of fleet business, which ensures they stay busy year round. This is a turn-key operation perfect for a semi-absentee to absentee owner.

This Auto Service Center has been in business since 1957! Since then it has changed owners twice, and locations once, but remained on the same road.

The fastest way to grow the business would be to stay open on the weekends.

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Reason for Selling:

Retiring

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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