Price:
$
650,000
Auto Shop with Real Estate Included
Auto Shop with Real Estate Included
North Carolina
$
650,000
This auto shop has an incredible amount of potential and unused capacity that is poised to vastly increase its earnings with some minor TLC. Buyer has the opportunity to increase the amount of bays utilizing the included storage building next to it. Seller financing available at low interest rate. Rural market with little to no competition.
Total asking price includes the property, rollback truck, loaner vehicle, all shop equipment and inventory, and pristine brand recognition within the community. The real estate itself is valued at approximately $400,000.
This is an exceptional opportunity to buy-in low for a large automotive shop at base asset value at a 3.75% interest rate. This type of opportunity is a rarity in today's market.
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Property Types
Listing Details
Auto Shop with Real Estate Included
Location:
North Carolina
Down Payment: $ 65000
Year Established:
1964
Gross Revenue:
$
600000
Cash Flow:
$
80000
Home Based:
No
Franchise:
No
Relocatable:
No
SBA Prequalified:
No
Lender Prequalified:
No
Full-Time Employees:
5
Inventory Included:
Yes
Inventory Value:
$
5000
Real Estate Available:
Yes
Real Estate Included:
Yes
Real Estate Value:
$
400000
FF&E Included?:
No
Disclaimer: The numbers are current estimates and are subject to change.
Business Description
This auto shop has an incredible amount of potential and unused capacity that is poised to vastly increase its earnings with some minor TLC. Buyer has the opportunity to increase the amount of bays utilizing the included storage building next to it. Seller financing available at low interest rate. Rural market with little to no competition.
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