Classic & Custom Car and Hot Rod Builds w/ R/E

Not Disclosed, NC


Asking Price: Annual Revenue:
$840,000 $802,000

Automotive & Boats: Auto & Truck Repair & Service


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RE: Classic & Custom Car and Hot Rod Builds w/ R/E Broker: Randy Mitchell

Quick Facts

Asking Price: $840,000
Annual Revenue: $802,000
Net Profit: Not Disclosed
Cash Flow: $219,000
Total Debt: Not Disclosed
FF&E: $153,300
Real Estate: Not Disclosed
Year Established: 2000
Employees: 6
BBN Listing #: 131655287
Broker Reference #: 42520141

Email or Print Listing

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Business Overview:

There’s a lot of HORSEPOWER under the hood of this opportunity: Semi-absentee owner role; a stellar reputation in the industry; a waiting list of customers; a beautiful sunbelt location; SBA Financing eligibility; AND the real estate is also for sale!

You can have FUN, FUN, FUN with this gem…The business is a professional builder of street rods, classics, customs, and muscle cars for high-net-worth customers who are passionate about vehicles and are willing to pay a premium for quality work and attention to detail. EXTRA CHROME TOO! They also sell hot rod parts via both e-commerce and in-store sales. Clients for both parts sales and vehicle builds are from across the nation. Clients are billed weekly for work completed.

BABY YOU CAN DRIVE MY CAR! (and also this business!). A new owner need not be a technician. With a trusted and experienced team in place, a new owner does not need to have experience or skills in vehicle building; More important is possessing good business management experience, as well as a strong interest in automobiles and a willingness to learn enough to be able to “talk shop” with customers and employees. Current owner visits the business just 1-2 days a week.

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Property Features and Assets:

Approximately 70,000 square feet lot with a +/- 7,000 square feet main building housing offices, showroom and shop with paint booth and storage rooms. There is room for expansion of the facility. The real estate for sale, at $495,000, includes the main building approximating 7,000 square feet that is heated and cooled, as well as a parts showroom, a shop for fabrication, a paint booth, storage rooms, a separate storage building, and lots of parking.

Market Competition and Expansion:

While the current owners have been content with the present size and waiting list of customers, a new owner could grow the business with (1) expanded advertising and marketing to reach new potential audiences; and (2) expanding the building to create additional working areas and take on more projects.

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.

Relevant Links:

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