Auto Repair and Gas Station in Fantastic Location
AutomotiveFor Sale in NC
Financial & Assets Details
About the Business
Auto Repair Shop and Gas Station in Fantastic Location. High visibility on a main thoroughfare in Wake County, this business has been a profitable location for many years. The current owners have taking good care of the property and performing upgrades and purchasing new equipment.
Auto repair sales are expected to average 40K/month this year, gas gallons average 30K/month (nearly $0.20/gallon margin), and c-store sales are about 4K/month. Discretionary net income is 10K/month. (sales are down some due to Covid, but are recovering as the state re-opens)
There are ample opportunities to expand the business as there is a high traffic count that passes by the property. The auto repair business could be expanded and grown or it could be converted to a large c-store, depending upon an buyer's strategy.