Buy a business at MergerNetwork.com
MergerNetwork - Research and Find Businesses For Sale
View Listing Details

Business For Sale Listing 139279

Auto Repair-Outstanding Location

Status as of Sep-6-2008 at 06:01 PM: Off The Market

Other listings you might like...

Business Summary

Asking: $150,000
Gross: $201,000
Cash Flow: $68,000
Furniture, Fixtures & Equipment: $20,000

Summary Description
This is an excellent starter business for an entrepreneurial mechanic. The location alone provides a huge advantage over other shops within the area, as it has high traffic and easy access. Two experienced mechanics are in place. The equipment is all that's really needed for a general repair and inspection shop.

General Information
Facilities: 3-bay garage with office, waiting room, storage area, workshop, and parking for 15 to 20 cars. Lease is 2900 per month including taxes and insurance.
Competition: This shop has an outstanding location on a busy street corner in a vibrant area of Raleigh.
Growth and Expansion: Currently there are two full-time mechanics. A third would add instant capacity. The shop does little or no advertising or promotion.
Support/Training: Two weeks
Reason Selling: Owners have a larger business opportunity and need cash to fund it.
Year Established: 1965
Employees: 2


Categories

Industry:
Location:
Other:

Industry

Sector: Personal Services
Industry: Auto Repair Shops

Location

Classification: United States // Southeast States // North Carolina // Raleigh
Location: Raleigh, Wake County, North Carolina

Financials

Sales: Between $100 Thousand And $500 Thousand   ($201,000)
Profits: Under $100 Thousand   ($68,000)
Profit Type: Cash Flow
Asking Price: Between $100 Thousand and $500 Thousand   ($150,000)
View Listing Details
© 1995-2008 Brauns Online Media
businesses for sale