Automotive Break Service For Sale
Location North Carolina,United States
Asking Price Range < $250K
Gross Revenues $1032000
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2011
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Training Negotiable
Description Busy Automotive Shop on High Traffic Road in Raleigh.The shop performs general auto repair including mufflers, brakes, wheel alignments, and front ends.The owner has recently added thriving, used car lot along the side of the property, which pays a monthly rent.
Auto repair sales are strong (20K/mo). Additional profitability comes from multiple sources of revenue: U-Haul (4,000/mo), Gas (1,320/mo), and a sub-lease for the used car business (2,300/mo).
Business has been steadily growing since the owner took over in 2011 but still has significant potential to be increased. A new owner should seek to increase sales by being more competitive on gas price and increased advertising campaign for the auto repair business.
The current owner has done an excellent job rebuilding the business and now is seeking to focus his efforts on a new, automotive-related, technology venture.
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