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Statesville NC

  • Listing Number: 203-22024

    Category: Auto, Miscellaneous, Service - Personal B2C

Asking Price $120,000
Gross Revenue $462,535
Total Adjusted Net Income $49,785
Equipment / Fixtures $61,040
Year Established 1999
General Location Statesville NC
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This popular auto shop is known in the area as the go to for preventive maintenance and light automotive repair shop for fast, friendly and honest car care for fleets and personal vehicles within a 15-mile radius of the business. The owner says ‘we offer  preventative maintenance service items such as oil changes, state inspections, wiper blade, battery and air filter replacement, brake pad replacement, tire repair and replacement and more. In addition, we will typically perform light repair work such as front suspension repair, brake repair, basic MIL diagnostics and repair and more.’ There is a 20% commercial and 80% individual customer mix and the owner states that 80 percent of his customers are long-term returning and referring customers. They also enjoy a growing customer list. Founded in 1999, the current owners continued and improved the reputation of integrity, fair prices, and outstanding customer service in the fast-growing region of South/Central Iredell County. This is a low-risk business model that is scalable. The current owner is ready to Semi-retire and turn the business over to a fortunate new owner. For more information contact Scott Curtis – First Choice Business Brokers – Charlotte. Scott@FCBB.com 704-649-8068

Gross Revenue
Listed Price
Total Income
Base Rent
Square Feet
Total Rent
Rent Deposit
Equipment / Fixtures
Other Assets
Outstanding Community Reputation and Goodwill.
Full-Time Employees
Training Period
2 weeks
Special License Required
NC State inspection Station License along with individual employee’s inspector licenses
Reason for Selling
The owner is transitioning to semi-retiring in order to home school children.

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

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