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Businesses For Sale > Business For Sale in Charlotte, North Carolina (NC)

$258K Cash Flow-Quick Lube/Towing Svc for Sale + Property

Charlotte, North Carolina (NC)

Asking Price: Gross: Cash Flow:
$1,200,000 $914,370 $258,000

Furniture and Fixtures Value:
$140,000 (included in the asking price)

Inventory Value:
$25,000 (not included in the asking price)

Real Estate:
$600,000 (included in the asking price)

Business Summary:
$258,000 Positive Cash Flow!!! Who wouldn't want to make this much money in the current economy? This Quick Lube and Towing Service with property is for sale for $1.2M plus Inventory (valued @$25,000). Price includes real estate for $600K, & the business for $600K. Cash flow is $258,000. No experience is necessary since training will be available. In addition to oil changes & towing services, this business is also an official inspection station, which means that customers could have both an oil change and a vehicle inspection, all in 1 visit. It is located in a great area with high visibility-near stores, banks, medical ofc, & other retail stores,which will help to attract business. The 4240 sq ft bldg is well maintained; in fact, it is so clean that the place looks brand new! The bldg has 3 bays & 2 lifts, propane heat & electric AC, plus 2 bathrooms. Well-established business in the community & very busy. Furniture, Fixtures, & Equipment totals $140K & includes 2 trucks, & all equipment used for vehicle inspections & oil changes. The 2 trucks could be excluded, thus reducing the FF&E to $63,000, and reducing the price by $77,000. The business also has an alarm system & a secured, fenced-in area for overnight storage. SBA-Approved; terms depend on buyer's credit & background. 20% down for 16 yrs, or less down & extend the yrs. 10% down for bldg/land for 25 yrs & 20% down on business for 10 yrs. Then blend the terms.For more details, please download Confidentiality Agreement from our website, www.bbotc.net, complete form & sign, then fax to our Charlotte office @1-888-545-1118.

 

   
Year Business was Established: 1979
   
Number of Employees: 8+2 owners  
   
Facilities / Terms of Lease: In towing busiiness for 25+ yrs, & oil & lube changes for 10+ yrs. This business has a 2-story bldg for the past 3 1/2 yrs, & has an alarm system, as well as a fenced-in, secured area for overnight storage. The 4240 sq ft bldg has 3 bays, 2 lifts, propane heat & electric AC, as well as 2 bathrooms. There is ample parking & is very clean.  
   
Potential Growth/Expansion: This business is in a great location to attract customers due to its close proximity to medical ofc, banks,c-stores, mall,etc. New owner could expand by offering more services.  
   
Owner willing to finance: Negotiable  
   
Owner willing to train: Training is available,  
   
Reason for selling: Retiring  
   
Seller Reference Number: AR011
BusinessMart.com Listing Number: 44587
 

 

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For more info contact:

Tonya Kerr

Business Brokers of the Carolinas, LLC
704-575-5418

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