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Fifty One Year Old Auto Repair And Tire
Location: United States -> North Carolina -> Locust
Industry: Auto Related > Auto Repair




Business Summary

MUST SELL - HEALTH COMPLICATIONS - 750k obo . 14 bay, 17k sqft fully equipped shop with new equipment, beyond Excellent crew I'll match them against anyone.. Everything but paint and body. 5 to 10 year major growth projected east of Charlotte NC. 2014 FMV of property alone 980K. 2015 sales 1.6 @ 51% gp. Vs. 2016 1.3mm@ 59%
This was my dream, but my health is deteriorating from diabetic complications. This business has thrived on the values of Integrity, Quality, Honesty, reputation known as honest and doing the right thing for customer. Not gouging clientele like dealers and superbox stores. Close knit family feel clientele and crew. This opportunity needs to go to someone who has same beliefs. Contact Chris for additional financial info
I request confidentiality as not to worry crew.


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $1,600,000
Cash Flow:   $130,000
Cash Flow Type:  EBITDA
Inventory:  $700,000
Seller Financing:  No

About The Business

Year Established:  1965
Number of Employees:  10 - 19
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Sale

About The Sale

Management Training and Support:  Yes
Reason For Selling:  Health

Photos

View Larger Photo(s) Of Business
Fifty One Year Old Auto Repair And Tire Photo 1 Fifty One Year Old Auto Repair And Tire Photo 2




Print Listing Id: 700254757
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Related Searches: Auto Dealers  >  Auto Parts Retail and Distribution  >  Auto Rental  >  Auto Repair  >  Car Wash  >  Gas Station  >  Other Auto Related  > 

Also See: Franchise Opportunities > Franchise Resales > North Carolina Businesses For Sale > North Carolina Franchises For Sale > North Carolina Business Brokers



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