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[UNDER CONTRACT] Premier Automotive Repair Shop with Real Estate

North Carolina
  • Asking Price$2,150,000*
  • Revenue$1,081,485
  • SDE$226,857
  • Inventory$20,000
  • FF&ETBD
  • Real estateOwned
  • *Purchase price includes real estate
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CONTACT THE BROKER

Erik Sullivan web
Erik Sullivan
919-263-2550

Business Description

Custom Facility in Highly Visible, High Traffic Location

Automotive repair shop offering general service and repair for vehicles, including cars, trucks, and fleet vehicles. This well-staffed company was established over three decades ago and requires only 10 hours of a new owner’s time each week. The company has been fueled by a resilient local economy and offers a savvy entrepreneur or investor a stable, recurring income in a consistent industry.

Certified technicians, high quality equipment, and proven systems and processes differentiate this company from competitors in the market. The shop offers services on all makes and models of vehicles and has been at its current location for over 30 years. The business is set up as a turn-key purchase in a reliable industry with several growth opportunities.

Facility was custom-upfitted with automotive repair in mind. Freestanding building features ample parking, repair bays, high ceilings, and lifts with capability up to 25,000 pounds. This is a great opportunity for someone looking for a profitable operation with no change needed.

Clean books and records with software, systems, and management in place to ensure easy transition to new owner.

This Raleigh-area automotive repair shop is presented by MidStreet, North Carolina’s leading brokerage for small to mid-size companies. MidStreet has provided buyers and sellers with unsurpassed deal expertise for the past 20 years. For more information on this business for sale contact Jonah Pollone at jonah@midstreet.com or 919-263-2550.

Buyers must demonstrate financial capability. More information
available upon initial interview and signing of a non-disclosure
agreement. 
INVENTORY

Included in asking price.

EMPLOYEES

2 managers (not including owner); 3 technicians

Furniture, Fixtures, & Equipment (FF&E)

Included in asking price.

 
Facilities

The company operates the business from a custom-upfitted, stand-alone facility that is strategically located with easy access to the market it serves. The building features ample repair bays, office space with safety and security systems in place, and a waiting room for customers.

Competition

Limited competition does exist, but this company differentiates with a dedication to quality service, credentialed staff, and proven systems.

GROWTH & EXPANSION

Numerous growth opportunities are available that could have an immediate and significant impact on sales – contact broker for details.

Support & Training

Onsite transition support and call/email support will be made available and are included in the purchase price.

Reason for Selling

Retirement.

 
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Understand Buyer Financing

Almost all buyers will use some type of financing when they purchase a business. If you plan to finance, then you need to know your options. Informed buyers have time to prepare for the buying process, while those who wait wind up slowing down the deal. Don’t wait.
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