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Auto Repair Shop with Real Estate- 1.9 Million in Sales

Raleigh, NC
listing image
Asking Price:$1,700,000
Gross Revenue:$1,900,000
EBITDA:$420,000
Real Estate:$1,300,000
Cash Flow:$500,000
Inventory:$4,000
FF&E:$120,000
Established Year:1996
Listing ID: 2249273Listing provided by BizBuySell
BUSINESS DESCRIPTION

Full team in place, ready for new owner to cash flow on day 1

For sale is a full-service automotive repair business that has been established for 28 years and is in a thriving location in the Raleigh metro area. Since its founding, the company has provided expert automotive service and repair for vehicles and light trucks for all makes and models of domestic and imported vehicles using state-of-the art technology and tools to diagnose and repair today’s complex vehicles.

The company has a reputation for being able to diagnose and perform repairs that other repair shops cannot. The company has a fleet of vehicles that are used exclusively as loaner cars for customers free of charge. Having this service drastically helps sell large jobs and keeps our customers happy. We boast a 4.8 Google rating with over 300 reviews, a testament to the level of customer service and trust we have. We are accustomed to working with both aftermarket warranty companies as well as insurance companies for repairs in addition to our thriving consumer direct business. The company is certified with TechNet as well as RepairPal, which ensures the highest quality of service.

While many automotive repair shops are not modernized/digitized at all, our shop is 100% digital and modernized, all the way from our phone and email systems, to our CRM and shop management systems. This is a business that is ready for a new owner to step in on day 1 and produce a strong cash flow.

The underlying real estate is also for sale with the business, which is a massive benefit for the owner as they will be able to pay themselves rent instead of a landlord. Purchasing the real estate will also open up 25-year SBA loan terms, greatly enhancing the overall cash flow capability of the business and real estate.

Do not miss out on this opportunity, buying a high cash flowing repair shop and the underlying real estate is not an opportunity to pass up on!

Before sharing additional information, an NDA will need to be in place.

DETAILED INFORMATION
Location
Raleigh, NC
Inventory
Included in asking price
Real Estate
Owned
Building SF
5,000
Employees
7
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
5,000 sqft shop and office facility 1 acre 6 lifts All tools and equipment convey
Competition
We are differentiated from most auto repair shops in that most do not perform advanced diagnosis and large mechanical jobs. We keep talent on staff that can perform any repair short of engine/transmission rebuilds. We boast a high dollar average repair order comparted to the competition.
Growth & Expansion
Primary areas for growth is in establishing more commercial fleet services.
Support & Training
30 days post sale support included with purchase price
Reason for Selling
Other Business Interests
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Listed By: Not Disclosed