2 Strong Revenue Generating Auto Repair Centers - Prime Location

Durham County, NC
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Asking Price:$295,000
Gross Revenue:$1,631,107
FF&E:$135,000
Cash Flow:$124,707
Rent:$13,963/Month
Established Year:2006
BUSINESS DESCRIPTION

established highly visible locations

Don't Miss These Established Auto Repair Center opportunities!

With staffing, including two (2) managers, and leases in place, these established businesses are being sold together. They have grown to become the sought-after locations for car needs. Certified Auto Repair Centers and providing customers living in Durham, Morrisville, and Cary with tires and automotive services.

The current Owner works full-time in the business.

**Location Location: These 2 facilities are located at a major intersection with 35,000+ cars going by every day.

Buying an existing auto shop can be a strategic move for several reasons:

Immediate revenue: These existing shops have a loyal customer base, providing a steady income stream from day one.

Word-of-mouth marketing: Positive customer experiences over these many years have led to ongoing referrals and new business.

Ready-to-use facilities: These shops already have equipment, tools, and workspace in place.

Established processes: Existing systems for inventory management, scheduling, and customer service can be adopted or improved upon.

Experienced team: These existing shops have skilled technicians and experienced staff in place, including 2 managers.
Reduced hiring costs: You as a new owner will avoid the time and expense of recruiting and training new employees.

The fiscal performance provides data on market demand, pricing, and competition.

Prime locations: The major shop's roadfront location is already established, and strategically located in a coveted high-traffic area.

Shops are already compliant with local regulations, saving time and effort.

Established relationships: The main location has built long-term relationships with suppliers and vendors.

By acquiring these existing auto shops, you can leverage these advantages to build upon both shop's success and achieve your business goals more efficiently.


DETAILED INFORMATION
Location
Durham County, NC
Inventory
Not Included in asking price
Real Estate
Leased
Lease Expiration
30/12/2024
Employees
9
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Facilities: 2 locations close to each other.
Support & Training
Number of Weeks Seller Will Offer Training: 2
Reason for Selling
Health
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Sherri
Ferguson
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Sherri Ferguson