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Auto Repair/Quick Lube Shop

Queens County, North Carolina

Asking Price: Gross: Cash Flow:
$990,000 $1,400,000 $350,000

Business Summary:
LISTING ID # 33084Do not miss out on this fantastic opportunity! This is a highly profitable oil change business that will be a perfect addition to a company already in the business or an ideal acquisition for a skilled mechanic wanting to become their own boss. In business for over 30 years, this 4 Bay, 3 lift, 4500 square foot shop includes a 1000 sq foot pit for easy under car access as well as a large office area with private bathroom and a well placed waiting area and large viewing window. Customers can relax, watch tv and have coffee while their vehicles are catered to. Rent is reasonably priced and there is a long 15 year lease. This very busy auto repair shop is a one stop service station for all of your car needs. With a wide array of services like oil and filter change to balancing and rotating tires, air condition repair, they have been the GO TO spot for quick and professional service. All equipment is fully paid for and includes a tire balancing machine and a new AC Reclamation machine. The value of the equipment is estimated at 350k. Retiring owner will assist with training so there will be a smooth transition. Seller financing available. Owner is also willing to sell the building as well or remain as the landlord. You MUST first make an appointment with broker, as the owner does not want anybody showing up unannounced.Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at [email protected] or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers. For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-33084 for instant access to this business information.

 
   
   
Year Business was Established: 1993
   
Number of Employees: 5FT/2PT  
   
Owner willing to finance: 780,000.00 Down & $210,000 at 7% for 36 months  
   
Owner willing to train: Seller will train  
   
Reason for selling: Retiring  

 

 

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