American Owned Semi-Absentee Auto Repair Shop in Sanford, NC!
| Asking Price: | $1,999,000 |
| Gross Revenue: | $1,200,000 |
| Established Year: | 1999 |
| Cash Flow: | $275,810 |
| Real Estate: | $1,999,000 |
Yearly Sales are currently $1,200,000 per year! This store has shown significant growth year over year!
Yearly Net profit is over $263,000 AFTER Payroll and all other expenses!
Seller only spends 10 to 15 hours per week in the business!
Business is only open from 9am to 6pm Monday through Friday and is closed Saturday and Sunday. There is a MASSIVE opportunity to extend business hours, open on weekends, and watch profits soar!
Over 200 Google Reviews with an average 4.8 stars rating! There is a HUGE opportunity to capitalize on a business that is valued and trusted by locals!
Building area is 5,000 SF! Property is 1.01 acres!
Average traffic count of 8,800 vehicles passing by the store each day!
Local population is increasing by 3.6% within 1 mile of the shop! Median Household Income is $52,308!
Located next to Walmart Supercenter, creating an influx of traffic to the area.
Near colleges and K-12 schools like Central Carolina Community College, Lee County High School, Southern Lee High School, East Lee Middle School, J Glenn Edwards Elementary School, and Ascend Leadership Academy, collectively serving over 10,000 students!
Close proximity to restaurants like Chick-fil-A, Aye! Toro Tacos & Tequila, Taqueria La Michoacana, Lilly's Mexican Restaurant, Tokyo Express, Brick City Grill, Teriyaki Express, Goodfellas Grill and Sports Bar, Valenti's Italian Restaurant & Pizzeria Sanford, Taste of China, Wendy's, King Chinese Buffet.
Near apartment complexes like Jonesboro Ridge Apartments, Aspen Pointe Apartments, South Park Village Apartments, South Park Village Phase 2, Apple Tree Apartments, Autumn Oaks Apartments, McKenzie Park Apartments, Courtland Village Apartments, Juniper Point Apartments.
Close proximity to a subdivision development that will include the construction of 391 single-family homes, along with another subdivision featuring 548 lots, consisting of 195 townhomes and 353 homes.
Near a new mixed-use development that will include 250 single-family homes, 200 townhomes, and 350 apartments. Additionally, a new nearby townhome community will feature 25 homes in its initial phase, with the potential for an additional 30 homes in the second phase.
45 minutes from Raleigh and Fayetteville, NC! 50 minutes from Durham, NC! 1 hour from Asheboro and Greensboro, NC! 2 hours 15 minutes from Charlotte, NC!
View Our Listing Video On YouTube!
https://www.youtube.com/watch?v=msRnITz0LKw
Asking Price for Business and Property: $1,999,000!
