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37329- Automotive Repair Specializing in Electrical

For Sale in NC

Listing ID: 37329 | Broker Listing ID:

Financial & Assets Details

$766,000
$35,000
$90,000
$170,000
Yes
$350,000

About the Business

1955
8
Yes

Business Description

Located less than an hour from the eastern beaches of North Carolina, the business was founded in 1955 specializing in Starter, Alternator and Generator rebuilds and repair services. Though this is still how their reputation precedes them, they have grown to offer complete auto repair services. This includes A/C work, Battery Services, transmission servicing, Brake Replacement and repair, Diagnostics, Electrical Inspection and repair, Oil and Lube, as well as Emission and Safety Inspections. In addition, this one stop shop sells and services tires, Quality Auto Parts, and offers Towing services! A new owner will be happy to know the business is growing without any advertising outside the company website. This business for sale is a great opportunity to take a business that is already successful and build on that foundation to secure your future. Call today for full details!

The current owner has some minor health issues and is also ready to retire and see a new owner take it to the next level. This wonderful business offers a new owner consistency in supplier, good sales volume, market growth and profitability. This business could be operated in a hands-on or absentee fashion giving the owner the ability to enjoy a flexible schedule and as much control of business activities as desired. Out of their total revenue, 70% comes from general automotive repair and 30% from specialized automotive electrical work. For more information on this listing, contact us today.

Growth & Expansion

A new owner would do well by targeting more marine boat electrical work. A younger, motivated owner could double the gross sales by selling cars from the premises and by promoting the towing end of the business.

Seller Financing

Negotiable for the right buyer

Location Details:

The building and land are owned with an option to lease or purchase. There are two connected buildings on separate titled lots. There is 3200 sq. ft. in the main building and an estimated 9,000 sq. ft. for the second building. Both are on 1 acre of land.

Support & Training

Key employees will stay on after the sale and the owner will remain for a reasonable transitioning.

Listing ID: 37329

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