Fully-equipped, Profitable Auto Shop
| Asking Price: | $140,000 |
| Gross Revenue: | $360,000 |
| Established Year: | 2015 |
| Cash Flow: | $70,000 |
| Inventory: | $5,000 |
Fully-equipped automotive repair shop in Winston Salem. This location has been a steady money marker for the past 8 years for the current owner, who now wishes to move on to new ventures. The shop has all the necessary equipment to run an effective business including four lifts and a Hoffman alignment machine. A detailed equipment list is available in the listing package.
The annual repairs sales for 2023 were about 360K and the seller discretionary income is 70K.
The profitability could be increased by growing the car sales portion of the business. The current owner has the car lot space and currently holds a license from the DMV to sell cars, but has not emphasized this portion of the business in recent years. It represents an important opportunity for growth for a new buyer.
The property comes with added benefits of a neighboring tenant performs body work and pays rent to the business owner.
