NOT DISCLOSED, North Carolina
| Asking Price |
$649,000 |
Year Established |
1999 |
|
| Annual Revenue |
$937,626 |
Reason for Selling |
retiring |
|
| Annual P/L |
$0 |
Attention |
Sean Rollins |
|
| Annual Cash Flow |
$197,089 |
Listing Number |
986979 |
|
| # of Employees |
7 |
Business Category |
Automotive & Boats: Auto & Truck Repair & Service |
|
Business Overview:
*BUSINESS IS TO BE SOLD WITH REAL ESTATE. Asking price for the real estate is $550,000, for a total purchase price of $1,199,000*
Looking for a profitable, well-equipped auto service business in Eastern North Carolina? This turnkey operation is ready for a new owner to step in and continue its success.
Built 6.5 years ago, the efficiently designed facility allows for smooth workflow and future growth. The 7 full-time employees—including 2 service writers and 5 experienced technicians—ensure seamless day-to-day operations, while the current owner manages the business without hands-on involvement in repairs or ticket writing.
The sale includes all necessary equipment, which is modern, well-maintained, and in excellent condition. Additionally, the 1,100 sqft of unfinished space offers opportunities for expansion or rental income.
If you’re looking for a well-established, growing auto service business with a strong team and room for further development, this is it!
Property Features and Assets:
<p>The current owner purchased this auto service in January 1999 as a three-bay foreign car shop. Since then it has undergone significant growth and transformation. Initially a specialized service center, it was expanded into a full-service facility, adding tire services. By 2005, seller further enhanced operations to a seven-bay operation. In 2018, he established a second location, which ran successfully for five years. In December 2023, the strategic decision was made to close the first shop, selling it to a non-automotive business, and focus exclusively on the new second location, consolidating the customer base and communication channels for improved service.<br></p>
Market Competition and Expansion:
<p>When building the shop, the owner left about 1,100 sqft unfinished. This can be built out to expand the shop or into a rental space for an additional source of income.<br></p>
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity