CBBMA

Charlotte Business Brokers, Mergers and Acquisitions
Helping Entrepreneurs Buy and Sell Businesses


Phone:
(704) 248-8266

Automotive Repair With Real Estate


Listing #:TS32219ASR     Location:Lake Norman Area mketphoto

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.

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

Facilities:
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