Auto Shop with Real Estate Included

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Automotive & Boat Businesses for Sale

  • Primary Category: Auto Repair & Service Shops for Sale

This auto shop has an incredible amount of potential and unused capacity that is poised to vastly increase its earnings with some minor TLC. Buyer has the opportunity to increase the amount of bays utilizing the included storage building next to it. Seller financing available at low interest rate. Rural market with little to no competition.

Total asking price includes the property, rollback truck, loaner vehicle, all shop equipment and inventory, and pristine brand recognition within the community. The real estate itself is valued at approximately $400,000.

This is an exceptional opportunity to buy-in low for a large automotive shop at base asset value at a 3.75% interest rate. This type of opportunity is a rarity in today's market.

Please contact Adam Ezell at (919) 622-4099 or [email protected]

Financial Information

  • $650,000 Asking Price
  • $80,000 Cash Flow
  • $600,000 Gross Revenue
  • N/A Down Payment
  • Yes Financing

Business Location

  • City: Confidential
  • State: North Carolina

Financing Comments

  • The financing available is at 3.75% interest. Can't find this in today's market. Sign

Reason for Sale

  • Health Reasons

Detailed information

  • Year Established: 1964
  • Home Based: No
  • Franchise: No
  • Relocatable: No
  • Lender Prequalified: No
  • SBA Prequalified: No
  • Full-Time Employees: 5
  • Part-Time Employees: N/A
  • Contractors: N/A
  • Owner Worked Hours/w: N/A
  • Adjusted EBITDA: N/A
  • Inventory Included: Yes
  • Inventory Value: $5,000
  • Monthly Rent: N/A
  • Real Estate Available: Yes
  • Real Estate Included: Yes
  • Real Estate Value: $400,000
  • Building Size: 11000
  • FF&E Included?: No

Training/Support

  • Owner willing to stay on and help transition.

Facilities

  • Three different buildings totaling 11,000 sq. ft. Four bays are in the front building with four in the back. The third building is currently a large warehouse building that has a bay in there for other side projects and a bunch of storage. Owner could convert this.

Market Outlook/Competition

  • There is a lot of opportunity to take on new business. Currently, the only way to set up an appointment is online. The shop has turned away a lot of business due to the owner's health and has an exceptional reputation in the community. This is probably the most well known shop in the entire county.
Business Listed by
image of Adam Ezell
Adam Ezell
Sunbelt of Durham
Email Adam
Show Phone Number
Listing ID
DURHANC001-55178

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