NC Turnkey Auto Repair Specialist Plus Parts Retail For Sale

Business description

This lucrative foreign luxury repair business has been serving their community for over 12 years.This fine company specializes in repair and maintenance services for Mercedes Benz, Volvo, BMW, Mini Cooper and Smart cars. They offer great professional work done at affordable prices along with wonderful customer service. This North Carolina based business is a great opportunity to take a business that is already successful and build on that foundation to secure your future.
This exceptional business for sale boasts a 90% repeat customer base. They offer diagnostic testing, complete engine repair, oil changes, transmission repair, tune-ups, brakes, suspension and shocks all under the skillful hands of highly trained and specialized technicians. The company is an authorized dealer of Amsoil which are vehicle lubricating and service products. They offer factory recommended maintenance programs to their customers. This fine company takes pride in their work and it shows in the way the shop is maintained as well as the quality service that continues to bring customers in again and again. Reputation, profitability, established patronage, growth capabilities, diversity, location, and priced to sell – all of these attributes make this offering a sound venture for the fortunate party who acquires it. After years of hard work and loyal customers standing true throughout the years, the current owners are ready to see a new owner take it to the next level.
Asking $1.1M w/ Negotiable financing, this is a turn key sale including 260,000 of inventory and equipment as well as the property valued at $750,000.

Property information

Real Estate:

Real Property Included

Premises details:

Shop sq. ft. is 2800, storage with 500 sq ft, work space of 1700 sq ft and office sq. ft. is 600.
There is also a 3,000 sq. ft. home on the property which a new owner can rent out as efficiency apartments for extra income. There is 2.5 acres of land. There is also 2000 sq.ft of extra storage next to the shop and a 3 car canopy in front of the business.
All of this is Included in the sale!

Size in square feet:

3,000

Other information

Expansion potential:

The are numerous areas a new owner can expand. Such as: adding 3 more car bays and the large parking lot can be used as a car sales lot offering exceptionally increased profits. Adding longer working hours of operation during the week and opening on Saturdays and hiring more technicians all can be put into play as well. Spring 2012, competiition is leaving, creating a huge opening for clientele. A new buyer could easily turn this shop back into sales and service by taking advantage of the designed building and adding on to the ample 2.5 acre lot.

Competition / Market:

This automotive repair business for sale has earned an excellent reputation over the past years for its expedient and reliable service, expertise in the industry, skilled and experienced staff, prompt response time, convenient hours and location, and competitive prices.

Support & training:

Owner will stay for a reasonable transition to help acclimate new owner to the business.

Reasons for selling:

Retire

Trading hours:

Days: Monday-Friday
Hours: 8:00am-5:00pm

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

Owner Financing is Negotiable at 15%.

Furniture / Fixtures value:

$150,000 (included in the asking price)

Inventory / Stock value:

$110,000 (included in the asking price)