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Profitable Auto Service and Repair Center in Prime Location

Wake County, NC
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Asking Price:$600,000
Gross Revenue:$1,250,000
Rent:$6,500/Month
FF&E:$200,000
Cash Flow:$150,000
Inventory:$10,000
EBITDA:$75,000
Established Year:1991
Listing ID: 2218927Listing provided by BizBuySell
BUSINESS DESCRIPTION

The business provides expert automotive service and repair for vehicles and light trucks for all makes and models of domestic and imported vehicles. A wide variety of services are provided, including air conditioning, belts and hoses, brake systems, diesel service, engine repair, oil changes, radiator service, suspension service, tires sales and service, wheel alignment, and many others. Technicians have a broad range of skills and seniority ranging from 7 to 30 years. Business processes 3400 tickets per year averaging over $300/ticket.

DETAILED INFORMATION
Location
Wake County, NC
Inventory
Included in asking price
Real Estate
Leased
Building SF
6,000
Lease Expiration
31/12/2027
Employees
7
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Business is located in a high-demand community with direct access to a main street. Fully equipped facility including 6 stack lifts ranging in capacity from 7000# to 12000# plus multiple types of diagnostic and service equipment is located in a 6000 square foot building with 5 bay doors.
Competition
New entry to this business segment in current location is limited by company's community so competitive situation is favorable.
Growth & Expansion
Both expanded weekend hours and addition of new technicians could be avenues for growth.
Support & Training
Seller will assist new owner with transition for 30 days.
Reason for Selling
Retirement
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Thomas
Arndt
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Thomas Arndt
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