Under Contract - 8 Bay Auto Shop With Real Estate Included

Business Overview:

This auto shop has an incredible amount of potential and unused capacity that is poised to vastly increase its earnings with some TLC. Buyer has the opportunity to increase the amount of bays utilizing the included storage building next to it. Seller financing available at low interest rate. Total asking price includes the property, rollback truck, loaner vehicle, all shop equipment and inventory, and pristine brand recognition within the community. The real estate itself is valued at approximately $400,000. This is an exceptional opportunity to buy-in low for a large automotive shop at base asset value at a 3.75% interest rate. This type of opportunity is a rarity in today's market. Please contact Adam Ezell at (919) 622-4099 or aezell@sunbeltnetwork.com

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Property Features and Assets:

Three different buildings totaling 11,000 sq. ft. Four bays are in the front building with four in the back. The third building is currently a large warehouse building that has a bay in there for other side projects and a bunch of storage. Owner could convert this.

Market Competition and Expansion:

There is a lot of opportunity to take on new business. Currently, the only way to set up an appointment is online. The shop has turned away a lot of business due to the owner's health and has an exceptional reputation in the community. This is probably the most well known shop in the entire county.

Reason for Selling:

Health reasons

Additional Details:

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