Profitable / Established Transmission Shop in Coastal North Carolina

Wilmington, NC (New Hanover County)

Seller Financing Available
Profitable / Established Transmission Shop in Coastal North Carolina

Asking Price:$645,000

Cash Flow:$290,140

Gross Revenue:$798,423




Rate/Sq. Ft.:N/A


Profitable / Established Transmission Shop in Coastal North Carolina

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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. The large inventory of over 75 complete transmissions in stock along with an extensive parts inventory allow for a same day turnaround for many of their customers, giving them an edge over any competition in the area. A good advertising program along with positive word of mouth accounts for the loyal customer base they have built. This is a true turn key operation with all furniture, fixtures, and equipment, in place to continue to operate the business successfully. The highly functional shop is housed in a 6,000 square foot well equipped building with 4 bay doors and 6 floor lifts. It has a very clean and modern appearance complete with an office and reception area.
This is 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. Seller willing to partial finance of business for a qualified buyer.

Detailed Information

Included in asking price
Real Estate:
Building Sq. Ft.:
Lease Expiration:
4 FT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
The 6,000 sq ft shop is equipped with 4 bay doors, 5 - 9,000 lb Lifts 1 - 12,000 lb Drive on lift
This shop is the largest in the area with a large supply of transmissions and parts in stock allowing for a short turnaround time for the customer giving then a competitive edge over the competition.
Growth & Expansion:
Unlimited growth potential due to the consistent growth in the coastal North Carolina area.
Support & Training:
Owner willing to train a qualified buyer for a agreed period of time to ensure a smooth transition.
Reason for Selling:

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Ken Puryear

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Ken Puryear

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