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Auto Repair and Gas Station in Fantastic Location

AutomotiveFor Sale in NC

Financial & Assets Details

$1,200,000
$30,000

About the Business

2016

Business Description

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.

Listing ID: AU09819

Listed by:

Gary Roseman County South Realty & Business Brokers countysouth.biz/listings.php?desc=1 Listings: 47(704) 440-4433 View My Listings

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