Classic and Custom Car and Hot Rod Builds with R/E for Sale in North Carolina

Price: $840,000

Location: North Carolina

Industry: Car Dealerships

Listing ID: 42520141

Listing Status: New

Description

There's a lot of HORSEPOWER under the hood of this opportunity: Semi-absentee owner role; a stellar reputation in the industry; a waiting list of customers; a beautiful sunbelt location; SBA Financing eligibility; AND the real estate is also for sale! You can have FUN, FUN, FUN with this gem…The business is a professional builder of street rods, classics, customs, and muscle cars for high-net-worth customers who are passionate about vehicles and are willing to pay a premium for quality work and attention to detail. EXTRA CHROME TOO! They also sell hot rod parts via both e-commerce and in-store sales. Clients for both parts sales and vehicle builds are from across the nation. Clients are billed weekly for work completed. The real estate for sale, at $495,000, includes the main building approximating 7,000sf that is heated and cooled, as well as a parts showroom, a shop for fabrication, a paint booth, storage rooms, a separate storage building, and lots of parking. BABY YOU CAN DRIVE MY CAR! (and also this business!). A new owner need not be a technician. With a trusted and experienced team in place, a new owner does not need to have experience or skills in vehicle building; More important is possessing good business management experience, as well as a strong interest in automobiles and a willingness to learn enough to be able to “talk shop” with customers and employees. Current owner visits the business just 1-2 days a week.

LISTING DETAILS

Down Payment: $840,000

Total Sales: $802,000

Cash Flow: $219,000

EBIT: N/A

EBITDA: N/A

Accounts Receivable: N/A

FFE: N/A

Inventory: $168,000

Operation

Non-Owner Payroll: N/A

Location

Real Estate: N/A

Monthly Rent: N/A

For more information on this listing, please complete our Non-Disclosure Agreement
LISTING OWNER