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Well Established Very Profitable Transmission Shop in Coastal NC

NC

Seller Financing Available
Well Established Very Profitable Transmission Shop in Coastal NC
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Asking Price: $695,000

Cash Flow: $310,000

Gross Revenue: $998,246

EBITDA: N/A

FF&E: $50,000

Inventory: $75,000

Established: 1996

Well Established Very Profitable Transmission Shop in Coastal NC

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Business Description

Transmission Shop for sale in Coastal North Carolina

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.

Detailed Information

Inventory:
Included in asking price
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The 6,000 sq ft shop is very well equipped with several floor lifts capable of lifting up to 12,000 lbs.
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.
Financing:
Owner willing to finance part of the sale to a qualified buyer
Support & Training:
Seller willing to train the new owner for a period of time to ensure a smooth transition.
Reason for Selling:
Other business interests
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Ken Puryear

Business Listed By:
Ken Puryear

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