Well Established Very Profitable Transmission Shop in Coastal NC

Contact Seller
Well Organized - Profitable Transmission Shop Located in Coastal North Carolina
Asking Price:
$695,000

Gross Revenue:
$998,246
Cash Flow:
$310,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$75,000
included in asking price

FF&E:
$50,000
included in asking price

Real Estate:
 Not Disclosed

Share this business:

Business Description

This successful transmission shop has been in business for over 20 years servicing both foreign and domestic transmissions. The client base consists of both retail and wholesale customers. This shop has developed a reputation for quality work and serves as the preferred transmission shop in the area due to their reputation for reliable work completed on time. A good advertising program along with positive word of mouth accounts for the loyal customer base they have built. The highly functional shop is housed in a very well equipped building with large bay doors, floor lifts, and all of the furniture, fixtures, and equipment in place to continue to operate the business successfully. The shop has a very clean and modern appearance, complete with an office and reception area. This is a true turn key operation and an excellent opportunity for someone with some mechanical background or automotive experience to own a very profitable, highly efficient transmission shop in a fast growing area of coastal North Carolina. The seller is also open to selling part of the business to a working partner. The ideal candidate would possess both the technical skills as well as the ability to communicate well with the customers allowing the current owner some well deserved off time. The seller is willing to finance part of the sale price for a qualified buyer.

About the Business

Location:
North Carolina
Year Established:
1996
Number of Employees:
4
Facilities:
The 6,000 sq ft shop is very well equipped with several floor lifts capable of lifting up to 12,000 lbs.
Market Outlook/
Competition:
This shop is the largest in the area with a excellent supply parts in stock allowing for a short turnaround time for the customer giving them an edge over the competition.
Contact the Seller

About the Sale

Reason For Selling:
Other business interests
Training/Support:
Seller willing to train the new owner for a period of time to ensure a smooth transition.
Seller Financing:
Owner willing to finance part of the sale to a qualified buyer

Listing Info

ID:
1621376
Ad Detail Views:
805

Contact the Seller
Please confirm you're not a robot
Contact the Seller
Business Listed by

Ken Puryear

VR Business Brokers

 Show Phone Number

View My Active Listings

Similar Listings


Report an Issue 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 & Conditions.