Be Your Own Boss: Well Established Auto Repair Business

Charlotte, NC
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Asking Price:$125,000
Established Year:1989
Rent:$1,200/Month
BUSINESS DESCRIPTION

Attention ambitious entrepreneurs: South East Business Alliance presents a well-established Auto Service and a comprehensive one-stop repair shop. Dedicated to providing exceptional service that builds long-term customer relationships returning for repeat business. This enterprise is well established providing top-notch auto repair services for over 35 years. Gross revenue is in the range of 100k to 150k with a consistent cash flow over 60k. The shop sits less than 1 mile from exit 40 off I-85 in Charlotte NC. The shop consists of 3 tall bays with one 2-post lift and a small office with a private bathroom. The property has ample room to park vehicles as needed and more room to grow into the additional bays. Whether you're a seasoned mechanic looking to expand your empire or a new mechanic just starting, this may be the business that unlocks an exceptional avenue to capitalize on proven success. Discover the secrets to their momentum within this confidential memorandum, and envision yourself driving this dynamic powerhouse to even greater heights.
Business Insights:
Ownership – Solo-managed Mechanic Shop. The owner handles all the day-to-day, performs diagnostics, writes service tickets, performs repairs, orders parts, promotes customer service & sales etc…
Brand – Well-established book of business with repeat generational clientele NOT A FRANCHISE
Rent – $ 1,200.00 monthly Landlord is open to a new lease with preferable terms to all parties
Staff – One Owner Operator but the shop has extra bays for additional mechanics
Owner Training – Will stay on for up to 4 weeks, 3 weeks in person, 1 week via Zoom or phone.
Security – The shop is secured with an electric fence all-the-way around the property.
Turn Key – All assets, inventory, equipment, fixtures & furniture, less any personal mechanic tools are included in the asset purchase
Sector Growth – The automotive industry has surpassed pre-pandemic levels and the need for mechanics has increased by 2% nationally since 2022, in the past 3 years the industry has increased by 6.5%. Not to mention the cost of vehicles has increased and thus individuals are keeping and maintaining their vehicles longer. Automotive businesses continue to have a wide range of interested buyers, let one of them be You!


DETAILED INFORMATION
Location
Charlotte, NC
Inventory
Not Included in asking price
Real Estate
Leased
Facilities
Secure property with a security fence around the property
Growth & Expansion
In the past 3 years, this industry has grown at an annual rate of 6.5%. Add a website and social media, and the sales will increase.
Support & Training
Will stay on for up to 4 weeks, 3 weeks in person, 1 week via Zoom or phone
Reason for Selling
Retiring
Franchise
This business is an established franchise
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Benjamin
Miller
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Benjamin Miller