NOT DISCLOSED, North Carolina
| Asking Price |
$1,400,000 |
Year Established |
1992 |
|
| Annual Revenue |
$4,723,959 |
Reason for Selling |
Retirement. |
|
| Annual P/L |
$0 |
Attention |
Don Emmett |
|
| Annual Cash Flow |
$414,437 |
Listing Number |
1002497 |
|
| # of Employees |
4 |
Business Category |
Automotive & Boats: Auto & Truck Repair & Service |
|
Business Overview:
This long-established automotive full-service company is strategically located in the high-growth Research Triangle area of North Carolina. With a history spanning nearly four decades, the business has built a strong regional presence and a loyal client following from its multiple locations. The company provides three core, diversified revenue streams:general auto repair, new tire sales and installation, and comprehensive towing services. The towing division is fully equipped for light, medium, and heavy-duty recovery.
Revenue is well-balanced, with primary contributions from parts and labor (approximately 60%), tire sales (approximately 31%), and towing (approximately 9%). This is a turnkey operation with an experienced, well-trained staff and management team in place.
Property Features and Assets:
<p>The SDE shown includes an adjusted rent charge of $162,000, is based on the Last Twelve Months through August 2025, and is for a full-time owner-operator. The Owner is offering the real estate for lease at the main location; the satellite shops are leased from third-party landlords.<br></p><p>Assets = $994,359</p>
Market Competition and Expansion:
<p>The company successfully competes against large, big-box chains, local and regional independent stores through its deep industry experience, volume purchasing power, and a strong reputation for detailed, high-quality service. <br></p><p><br></p><p>There are multiple avenues and opportunities to grow the business, which include, but are not limited to:</p><ul><li>Dedicated Outside Sales Person</li><li>Open on Saturdays</li><li>Engage a marketing company to oversea and implement , SEO, Social Media, marketing strategies.</li></ul>
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity