Listing #AU09838
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Listing #AU09838
Winston-salem, Forsyth, NC
<p>Fully-equipped automotive repair shop in Winston Salem. This location has been a steady money marker for the past 8 years for the current owner, who now wishes to move on to new ventures. The shop has all the necessary equipment to run an effective business including four lifts and a Hoffman alignment machine. A detailed equipment list is available in the listing package.</p><p>The annual repairs sales for 2023 were about 360K and the seller discretionary income is 70K.</p><p>The profitability could be increased by growing the car sales portion of the business. The current owner has the car lot space and currently holds a license from the DMV to sell cars, but has not emphasized this portion of the business in recent years.</p><p>The property comes with added benefits of a neighboring tenant performs body work and pays rent to the business owner. </p>
Offered at $140,000
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Listing #AU09838
Winston-salem, Forsyth, NC
Fully-equipped automotive repair shop in Winston Salem. This location has been a steady money marker for the past 8 years for the current owner, who now wishes to move on to new ventures. The shop has all the necessary equipment to run an effective business including four lifts and a Hoffman alignment machine. A detailed equipment list is available in the listing package. The annual repairs sales for 2023 were about 360K and the seller discretionary income is 70K. The profitability could be increased by growing the car sales portion of the business. The current owner has the car lot space and currently holds a license from the DMV to sell cars, but has not emphasized this portion of the business in recent years. The property comes with added benefits of a neighboring tenant performs body work and pays rent to the business owner.
Offered at $140,000 |
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| Property Details |
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Listing Type: |
Automotive - Muffler Shop, Garage, Auto Sales, Store Leased, Tire Sales and Service |
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Annual Sales: |
$360000 |
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Selling Price: |
$ 140,000.00 |
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Property Owned: |
No |
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Property for Sale: |
No |
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Inventory Included: |
No |
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Inventory Amount: |
5000 |
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Hours: |
8:00am-5:30pm. closed Sundays |
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Franchise: |
No |
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Year Business Started: |
2015 |
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Security System: |
No |
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Number of Employees: |
1 |
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Rent: |
1900 |
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Lease: |
Master lease is 4,100/month. Sub-tenant of body pays master lease holder 2,200/month to create a net rent expense of 1,900/month. See FAQ page for more details |
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Area Information: |
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Number of Cash Registers: |
1 |
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Licenses Required: |
NC DMV - for car sales |
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Environmental Status: |
Not Known |
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# of Bays: |
2 |
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# of Lifts: |
4 |
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NOTE: All information listed here is provided by the seller and should be verified by buyer as we do not guarantee it to be correct.
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