25 Year old Automotive repair shop with RE

Raleigh, NC
Wake County

Raleigh, Wake Forest, Cary, Chapel Hill, Durham


Asking Price: Annual Revenue:
$2,400,000 $1,291,042

Automotive & Boats: Auto & Truck Repair & Service


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RE: 25 Year old Automotive repair shop with RE Broker: Mark Herrmann

Quick Facts

Asking Price: $2,400,000
Annual Revenue: $1,291,042
Net Profit: Not Disclosed
Cash Flow: $376,332
Total Debt: Not Disclosed
FF&E: $132,000
Real Estate: $1,250,000
Year Established: 1996
Employees: 4
BBN Listing #: 693355287
Broker Reference #: 42520144

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Business Overview:

Well established automotive repair shop with real estate in Raleigh. Well diversified service offerings and extensive repeat customer base. In business since 1996.

Very well established. Includes real estate. Very nice location in upscale industrial park.

$1,250,000 for real estate, $1,150,000 for business

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Property Features and Assets:

5,000 square feet steel with masonry facade located on .93 acres. 1,000 +/- offices. $1,250,000 for real estate.

Market Competition and Expansion:

Add weekend hours and service bays, and add another service writer and technician.

Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • 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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