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Auto Repair Service - High Revenue, Modern Facility
NCListing DetailsOffice ID: AUTO8
Status: Expired
Listing Broker: Charles Milam, M&AMI, CBI
Listing Price: $246,000
Gross Revenue: $779,000
Cash Flow: $27,000
12 Month Forecast: $750,000
Forecasted Cash Flow: $25,000
Inventory: $4,000
Inventory Included: No
FF&E: $212,000
FF&E Included: Yes
Accounts Receivable: $3,000
Acreage: .51
Real Estate: $544,000
Sales Structure: Asset Sale
Seller Financing: Yes
Financing/Terms:
Seller will provide some financing for a well-qualified buyer
Reason for Sale:
Retirement - family health issues
Training:
One month of training and mentoring included
OperationsYear Established: 1977
Form of Ownership: S Corp
Employees (full-time): 6
Managers: 1
Business Hours: Monday - Friday, 7am - 6pm
Summary
Business Description:
An independent garage that consistently solves customer problems by utilizing certified technicians and up-to-date tools in a modern, clean and inviting facility thus creating a large and loyal customer base of over 1,000 unique customers annually.
Historical Summary:
Started when "service stations" were the business model, the gas pumping has stopped but the service lives on as they have the ASE certified expertise to use their equipment and special tools to do almost every repair in-house
Owner Qualifications:
General mechanical and business management skills are necessary
Potential Growth:
Expand product offerings, open on Saturday mornings again, promote the great referrals they already get, manage for profit
LocationType of Location: Stand Alone
Real Estate for Sale: Yes
Real Estate: $544,000
Monthly Rent: $4,200
Square Footage: 5376
Facilities:
Beautiful, modern facility located in the heart of an affluent residential area with easy access also for commercial fleet accounts
Last Updated: Dec 18, 2017 / 11:53 AM
Financial Information Current As Of: Jul 2, 2015 / 10:43 AM


Real property represented by ENLIGN Commercial
2009 Caminos Drive, Raleigh, NC 27607
919-341-1100
ENLIGN Commercial