CBBMA

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


Phone:
(704) 248-8266

Auto Repair - OWNER DIED - Must Sell


Listing #:TS43242AutoG     Location:Charlotte Suburbs mketphoto

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


Business Summary
Business Activity:
Local Auto Repair business. Operator passed away, wife must sell.

Facility and staff are in place. Need operator.


Marketing:
The business is struggling. Need someone to come in an run this business.

Facilities:
Nice 6,000 square foot facility with 8 bays and 8 lifts. Reception/waiting area and service desk. The facility is setting on 3 acres of land.

Real Estate is available to purchase for $285,000.

Date Business Began:  01/01/2007

Employees:  4

Reason for Sale:  Operator died.


Financial Information
Business Price $ 165,000
Real Estate Price $ 285,000
List Price $ 450,000
Cash Down $ 165,000
Revenue $ 390,931
Cash Flow $ -6,038
Net Assets Included 333,250
Revenue Cash Flow
2018 $ 390,931 $ -22,703
2017 $ 464,982 Not Disclosed
2016 $ 527,590 Not Disclosed
Included Assets as of 12/31/2017
Inventory $ 19,575
FF and Equipment $ 28,675
Real Estate $ 285,000
Total Asset $ 333,250
 
Net Assets Included $ 333,250