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Automotive Repair With Real Estate

Listing #:TS32219ASR     Location:Lake Norman Area

Charlotte Business Brokers
Tim Sweeney
Phone: (704) 248-8266

Business Summary
Nice Business
Business Activity:
This well established auto repair and tire center with strong repeat and referral customers. The center offers a fully equipped, 8 bays facility with nice waiting area and office and break room.

This business is located in a rapidly growing area and has great visibility being on a main highway. In fact, this area is expected to double in population over the next 10 years.

A skilled workforce is already in place and training is available for the new owner. This is an exciting opportunity to own the premier auto repair shop in the area.

The business is situated on a busy highway and gets good traffic. Outlook for this business is very bright.

A 6,000 square feet facility with 8 service bays. Equipment and facility are like new. Nice road frontage on a busy highway. Real Estate must be purchased with business and the price Listed includes the Real Estate.

Date Business Began:  06/15/2007

Employees:  4 ft

Financial Information
Business Price $ 500,000
Real Estate Price $ 600,000
List Price $ 1,100,000
Cash Down Not Disclosed
Revenue $ 744,813
Cash Flow $ 245,656
Net Assets Included 600,000
Revenue Cash Flow
2016 $ 744,813 $ 245,656
2015 $ 739,368 $ 250,000
2014 $ 657,134 $ 222,123
Included Assets as of 12/31/2016
Real Estate $ 600,000
Total Asset $ 600,000
Net Assets Included $ 600,000