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Listing #AU09838

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.&nbsp;</p>



Offered at $140,000

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.&nbsp;</p>

Offered at $140,000
Property Details
Listing Type: Automotive - Muffler Shop, Garage, Auto Sales, Store Leased, Tire Sales and Service
Annual Sales: $360000
Selling Price: $ 140,000.00
Property Owned: No
Property for Sale: No
Inventory Included: No
Inventory Amount: 5000
Hours: 8:00am-5:30pm. closed Sundays
Franchise: No
Year Business Started: 2015
Security System: No
Number of Employees: 1
Rent: 1900
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

Area Information:
Number of Cash Registers: 1
Licenses Required: NC DMV - for car sales
Environmental Status: Not Known
# of Bays: 2
# of Lifts: 4



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