Lucrative automotive sales and repair business for sale

Wilmington, NC

Seller Financing Available

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Sale Pending
Asking Price:$2,100,000
Gross Revenue:$3,790,963
Cash Flow:$727,467
BUSINESS DESCRIPTION

"Fantastic opportunity for any car lover! This sale includes two successful business elements-- one a thriving automative repair shop, the other a highly-rated auto sales dealership. The repair shop routinely handles major repairs as well as routine maintenance, with highly experienced and qualified technicians known for their helpful and friendly service. The shop offers dependable car repair serving Wilmington, Wrightsville Beach, Leland, and Carolina Beach NC areas. On the auto sales side, we offer a convenient location to serve the region with like-new, well-maintained vehicles for all types of shoppers and budgets. We have an amazing inventory of cars, SUVs, and pickups with an experienced and successful sales staff to serve all customer needs.

Only the owners' retirement brings this unique opportunity to the market. Both sides of the businesses include a modern, functional website with vehicle search and photos on the sales side and online booking capability for repairs. Profits have skyrocketed in just the last 3 years, with plenty of growth potential still untapped. A new manager will relieve the prospective buyer of many day-to-day duties currently done by this family-owned business. Full financial details are available with an NDA, so submit your offer today!"


DETAILED INFORMATION
Location
Wilmington, NC
Inventory
Not Included in asking price
Real Estate
Leased
Facilities
full service auto shop and car dealership lot with office
Financing
partial seller financing available to qualified buyers
Reason for Selling
retirement
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Terry Quinn
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Terry Quinn