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BUSINESS FOR SALE - PROFILE #  41720066

Transmission Shop in Coastal North Carolina
Coastal North Carolina

Asking Price: $695,000   Down Payment: $695,000  
Gross Revenue: $998,327   Adj. Cash Flow*: $346,761  
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Executive Summary
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.

Acquisition Highlights

  • Monday - Friday 8 AM - 5 PM
  • The business has grown steadily over the years with a 20% increase in sales in the past two years. Great cash flow
  • The 6,000 sq ft shop is very well equipped with several floor lifts capable of lifting up to 12,000 lbs.
  • The business was started in 1996 and was sold in 2017 to the current owner.
  • Financing Information:  Owner willing to finance for a qualified buyer
  • Training Information:  4 weeks
  • This business is not a franchise
Business Synopsis

Asset Information (estimated fair market value)

Established in: 1996 Inventory: $75,000 Included
Employees: 4 Furniture, Fixtures & Equipment: $50,000 Included
Lease/Rent: $3,200 Real Estate:
Building Sq Ft: 6,000
    Total Assets Included in Sale: $125,000
 
* Adj. Cash Flow -  Recasting provides an economic view of the company and allows meaningful comparison with other investment opportunities.
Additional business details are available to Principals only. You will be required to document your ability to complete the proposed transaction.  Please use this link to request more INFORMATION which will be sent to the listing office.
DISCLAIMER: All information contained in this document has been provided by the subject company or its agent, and while believed to be correct has not been verified. Accordingly, we makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that we shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by us of this document. At all times we are an agent for the seller and not for the buyer unless a specific agreement exists for us to act as the buyer's agent.

FOR MORE INFORMATION:

Contact:  Ken Puryear
Phone:  (910) 270-2927
Fax:  (910) 270-2928
Other:  (910) 620-1740
E-mail:  ken@vrwil.com
VR Business Brokers - Hampstead, NC
221 Hampstead Village
Hampstead, NC 28423
www.vrwil.com
The above company and/or agent is a licensed real estate broker/and or a business broker.
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