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Auto Repair and Used Car Dealership

Off-Market

Wilmington, NC

Auto Repair And Used Car Dealership

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Revenue

$3,900,000

Earnings (SDE)

$680,000

Margin

17.4%

Year Established

2019

Listed

30+ Days

Customers

Revenue is split approximately 50/50 between auto repair services and used car sales. The business services both foreign and local vehicles. The shop specializes in heavy-duty work including engine replacement, transmission replacement, and similar complex repairs.

Customer Acquisition

The business has established partnerships with approximately 90% of the insurance and warranty companies in the region. Neighboring dealerships refer job work to the shop due to its reputation and capabilities.

Team

The business employs approximately 7 people, with dedicated managers overseeing daily operations.

Owner's Role

One owner operates as a semi-absentee owner, handling payroll and responding to questions on calls. The second partner is a 100% absentee owner located out of state.

Reason for Selling

A partner dispute is the primary reason for the sale, with both partners seeking to exit. They acquired the business in 2025 from the original owner.

Contracts

No

Real Estate

The business premises are leased.

When Are You Looking to Sell

ASAP

Licenses Required

No

Business ID: 1559

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