Two Auto Repair Shops for Sale in North Carolina - 36864

Financing

$995,000 Down and

Business Description

Two profitable full service automotive shops ready for a new owner operator. Nestled in the heart of a small-town North Carolina. The first shop was established 10 years ago and recently the owner opened 2nd shop 2 years ago. Shops are about 30 miles apart. All equipment less than 10 years old and is included in the sale. Shop one is operated by the owner and the 2nd location is ran by a manager. All 10 employees will remain. Shop one is about 4k sq ft and will rent to new owner for $4000 month. Shop two is leased at $5150 with 3 years remaining with an option to renew. Very reputable in the community and services the Sheriff department vehicles including other local company fleets. An apartment complex and housing development is being built near the main shop which will bring in more business. Seller is ready for retirement and willing to stay on during the transition period and longer if needed. This business is profitable enough to hire an experienced manager to operate shop one. Very clean financial records, which is a perfect set up for bank financing if needed. Option to purchase building is available. This is a must-see automotive business with proven records for a new owner to step in and become successful in this industry. To learn more about this opportunity, please contact the broker, Sheree Humphrey at 910-553-0205.

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Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.