Auto Repair, Tire, Wheel and Oil Change Service Center
NCListing DetailsOffice ID: AUTO7
Listing Broker: Jeff Snell, M&AMI, CBI, ABI
Listing Price: $270,000
Gross Revenue: $584,835
Cash Flow: $87,971
12 Month Forecast: $600,000
Inventory Included: Yes
FF&E Included: Yes
Real Estate: $1,000,000
Sales Structure: Asset Sale
Seller Financing: Yes
Financing/Terms:Seller will provide a portion of financing as required by the SBA/Commercial lender.
Reason for Sale:Owner is interested in other opportunities.
Training:Seller will provide transition support to assist buyer in smooth transition.
OperationsYear Established: 2002
Form of Ownership: S Corp
Employees (full-time): 2
Employees (part-time): 4
Business Hours: M-F 7:30am-5:00pm / Sat 7:30am-12 Noon
Business Description:This non-franchised Automotive Service Center is located in a purpose built strip center built and owned by the seller. Located within 30 minutes of Crabtree Valley Mall in Raleigh, NC, the business has consistent and predictable positive cash flow.
Services include State inspections; tire and wheel sales/service, oil changes, engine repair, air conditioning, and exhaust work, etc.
Replicating this business in another location excluding real-estate costs would likely exceed $200,000. This opportunitiy includes all equipment, inventory, name recognition, positive reputation, and goodwill in a turn-key, profitable day 1 condition. The business has franchise potential should the new owner choose to open new locations, license other owners or actaully form and sell franchise units.
Owner Qualifications:Buyer should have basic business management experience to include hiring and managing employees, working with clients and negotiating with vendors.
Competition:This business provides a friendly upscale auto repair/maintenance and upgrade center environment which is unique in the area. The showroom looks like an expensive franchise developed concept.
Potential Growth:Alignment services could be added. Additionally, for the ultra auto performance buyer a dyno could be installed. A sophisticated buyer could leverage the concept into a true franchise opportunity.
LocationType of Location: Strip Center
Real Estate for Sale: Yes
Real Estate: $1,000,000
Monthly Rent: $4,500
Square Footage: 2800
Business is located in a purpose built facility owned by the business owner and is available for sale. The space allocated for the auto related business can service additional business. Adequate parking, great curb appeal.
Last Updated: Dec 18, 2017 / 11:53 AM
Financial Information Current As Of: Jan 1, 2015 / 12:00 AM