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
<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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| 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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