For Sale
$2,100,000

0 Carolina Beach RdWilmington, NC 28428

Profitable Auto Business for Sale

Overview

Added:
Dec 11, 2024
Days on market:
114
Exceptional opportunity to acquire a thriving dual-business operation in Wilmington, NC, encompassing a reputable auto repair shop and a successful auto sales dealership. Located on Carolina Beach Rd, in New Hanover County, this established enterprise boasts a strong reputation for quality service and customer satisfaction, serving Wilmington, Wrightsville Beach, Leland, and Carolina Beach. The auto repair shop handles routine maintenance and major repairs, employing experienced and qualified technicians. The auto sales division offers a diverse inventory of cars, SUVs, and trucks, catering to a wide range of budgets and preferences. Both businesses leverage modern, functional websites—the sales site features online vehicle search and photos, while the repair shop offers online booking. This turnkey operation presents a significant advantage with a new manager able to handle day-to-day operations. The business has experienced substantial profit growth over the past three years, indicating significant untapped potential. The asking price is $2,100,000, with a Net Operating Income (NOI) of $727,467. This is a business asset sale

Highlights

  • Owner retirement presents a unique opportunity to acquire this established business.
  • The business features modern websites with online vehicle search, photos, and repair booking capabilities.
  • Profits have significantly increased over the past three years, offering substantial growth potential.
  • A new manager will handle day-to-day operations, minimizing the buyer's workload.
  • Complete financial details are available upon signing a Non-Disclosure Agreement (NDA). This is a business asset sale; no real property is included.

Property Details for 0 Carolina Beach Rd

Property type
Retail properties, Auto shops

Location Insight

City
Wilmington
County
New Hanover
State
North Carolina
Latitude
34.0648788
Longitude
-77.8980256
Carolina Beach Rd, Wilmington, North Carolina

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0 Carolina Beach Rd
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