A Rare Opportunity to Acquire a 45-Year BMW Restoration & Performance

Asking Price$295,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$1,100,000

Inventory$400,000
Not included in asking price
FF&E$200,000
Included in asking price
Real Estate$1,300,000
Not included in asking price
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A Rare Opportunity to Acquire a 45-Year BMW Restoration & Performance


Asking Price$295,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$1,100,000

Inventory$400,000
Not included in asking price
FF&E$200,000
Included in asking price
Real Estate$1,300,000
Not included in asking price
Business Description
Rare Opportunity to Own a 45-Year Automotive Restoration & Performance Business — Korman Autoworks

Korman Autoworks is a highly respected and long-established BMW specialty shop located in Greensboro, North Carolina. For over 45 years, the company has earned an international reputation for excellence in BMW repair, restoration, and performance tuning.

The business operates from a well-equipped facility offering full-service maintenance, mechanical restoration, and high-performance upgrades for both classic and modern BMWs. Korman is known worldwide for its precision-built engines, expert craftsmanship, and deep technical knowledge across the entire BMW model range—from vintage classics to modern M-series performance cars.

In addition to its repair and restoration services, Korman Autoworks also operates a mail-order parts division serving customers across the U.S. and abroad. This diversified revenue stream and strong brand recognition make it a turnkey opportunity for an experienced operator, performance enthusiast, or strategic acquirer seeking entry into the specialty automotive sector.

The current ownership has invested decades building a trusted brand, skilled technical team, and repeat customer base. With the continued global demand for vintage and performance BMWs, this business is ideally positioned for new ownership to expand operations, enhance its online presence, and capitalize on its proven name and unmatched legacy.

Highlights:

Over 45 years in business with a loyal national and international customer base

Highly regarded brand in BMW restoration, performance, and service

Diversified income from service, performance builds, restoration projects, and parts sales

Skilled team and comprehensive facility with specialized BMW tooling and equipment

Opportunity for growth through marketing, online parts expansion, and brand licensing

Commercial Real estate available for purchase as well, 12,000 sqft space
About the Business
Years in Operation
47
Employees
4 (4 Full-time)
4
Website
https://kormanautoworks.com/
Market Outlook / Competition
Relatively low competition along the east coast for this business model
Real Estate
Owned or Leased
Owned
Not included in asking price
Building Sq. Ft.
12,000
About the Sale
Seller Motivation
Owner is retiring
Transition Support
Seller is willing to stay on during a negotiated transition period to ensure continuity and successful handoff of operations and customer relationships.
Listing Info
ID
2394225
Listing Views
1040
Business Location

Contact Seller

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Business Listed by: Chris Thorpe Midtown Mergers & Acquisitions

Listing ID: 2394225 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.