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Successful (and Essential) Transmission Shop in Charlotte

  • Status :Active
  • Relocatable :No
  • State/Province:North Carolina
  • Listed Price :$525,000
  • Listing ID :15784
  • Down Payment :$52,500
  • Discretionary Earnings :$164,403
  • Total Sales :$780,975

View DetailsBusiness Description :

Well-established, growing, profitable transmission shop in Charlotte – one of NC’s most desirable and growing cities. The Company offers full-service transmission repairs, including rebuilds, in its fully equipped, 9-bay facility. This turnkey operation is an excellent opportunity for a new buyer to step into a growing and positive cash flow operation, or for an existing transmission repair company to expand in the Charlotte market. Year-to-date is up compared to 2019.

The financials include a $76,000 annual rent charge. With the real estate purchase, the discretionary earnings (SDE) available to the buyer will be $272,000.

Note – Eligible for six months of principal and interest paid under the CARES Act, if closed or registered before 9/27/20, while funds last.

Category :

Automotive / Transmission Shop