This established business is well located in a healthy eastern North Carolina market. It carries premier lines where it is also a full warranty center. Equipment, Parts & Service.
The $331,150 in cash flow is adequate for debt service of approximately $90,000 and a healthy living for the owner. Great for a couple or family!
Business is a SBA Lending Candidate and almost certain for a qualified buyer! $200k SBA Down Payment Requirement - working capital provided. Must qualify for an existing Floor Plan that ranges between $300-$750k seasonally.
The current owner is ready to assist the new owner during a transition period and help them take the business to the next level. Eastern North Carolina continues to see positive business and population growth and this business with its outstanding reputation and repeat business is poised to grow with it.
The real estate is available for purchase. The real estate will trade at appraised value. The seller estimates the value at $600,000. The owned inventory of $200,000 is included in the asking price. Any floor planned inventory would be assumed by the new owner.
Required Licenses: Business
Seller Reference #RALEINC001-N636
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