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Sunbelt of Durham

General Automotive Shop Owner Will Stay In Guilford County - Triad Area For Sale

Guilford County - Triad Area, North Carolina, US
Asking Price:
$400,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$380,000
Cash Flow:
$130,000

This business provides general car repair, oil changes, tire balance and rotation, general maintenance. Master Service Technician can do automotive/motor rebuilds. They also have a specialty in classic car restoration. Owner would like to continue in the classic are space.
Real Estate Available: No
Real Estate Included: No
Real Estate Description:
4,000 sq ft metal building with 8 bays, 4 lifts, 1 pit

Detailed Information:
Lender Prequalified: No
SBA Prequalified: No
Rent: $1,400.00
Owner worked hours per week: 50
Is Going Concern: Yes
Market Competition: Location sits in a highly concentrated industrial and residential area. No other within 2 miles.

Property Information

Size in square feet:
4,000

Business Operation

Reasons for selling:

Wants to only work on classic cars.

Employees:
Full Time: 5
Years established:
19

Other Information

Support & training:

Owner will transition as needed.

Financing available:

Downpayment Required: ON REQUEST

Furniture / Fixtures value:
$300,000 - included in the asking price
Inventory / Stock value:
$30,000 - included in the asking price