Auto Repair Business For Purchase / Lease
Location North Carolina,United States
Asking Price Range $500K - $1.0M
Gross Revenues $1438506
Net Profit / Cash Flow $175000
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 1965
Number of Employees 10 - 19
Inventory 170000
Relocatable No
Number of Employees 10 - 19
Real Estate Owned
Training Yes, in order to ensure a smooth transition.
Reason for Sale Owner is retiring.
Description This Auto Repair Business for sale with Large Positive Cash Flow in Busy Area of Charlotte is available for purchase for $559,000 plus Inventory (valued at $70,000). The terms of the lease for the property/building would be $8,500/mo with a long-term lease. The property/bldg can also be purchased for additional $1.5 M. Excellent opportunity for new business owner to expand the services through advertising & hiring additional employees, thus increasing the revenues. Current owner, who is retiring, has worked hard to establish large, solid customer base. The auto repair business has a great reputation in the area & is located in prime location on busy 4-lane hwy with businesses, retail stores, restaurants, banks, residential, etc nearby. Business is fully computerized & new equipment worth $20,000 was recently purchased. Total value of Furniture, Fixtures, & Equipment, which is included in the asking price of $559,000, is $170,000. Certified technicians & skilled employees offer great customer service & help to ensure the customers continue to bring their vehicles into this auto repair. For more details, please email or call 704-545-7741.
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