Franchise Dealership, ATV's & Pre-Owned Hi-End SUV's… — Sale in Linville, NC

  • Price: $2.3M
  • Listing type: For sale
  • Asset type: Business
  • Location: Linville, NC 28646

Investment Figures

Gross rent multiplier
1.1x

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Franchise Dealership, ATV's & Pre-Owned Hi-End SUV's and Service Department Well established franchise dealership with only 2 in NC. Only large sales & service center for premier SUV manufacturer within a 2 hour radius. Wealthy customer base with second home owners in resort areas. Parent company was established in 1984 ad opened this point of sale in 2013.This is the last store of the group as the principal sold his other Florida stores and is ready to retire. This store is close to his second home. 10,000 SF building on premium corner lot worth in excess of $1.5 Million included in ask price of $2.75 Million. Buyer will have to qualify for the franchise and floor plan lender.Service department is very profitable. The equipment and inventory of vehicle parts and vehicles is $500,000 in other assets - seller willing to keep some or all inventory to make deal work. A tire store within walking distance sold for $5.3 Million last year. The majority of the business are CASH Sales. Some classic car sales as well. Seller is open to a 1031 Like Kind Exchange.Motivated Seller looking to retire. Receptive to fair and reasonable offers. This business has been established many years. Body shop work is one of their two profit centers. Owners want to... This tow truck company has been established many years. The owners are ready to retire. Very profitable business. This body shop and repair shop is a family owned and operated business. The founder spent his entire life in...

Market Context

This commercial property in Linville, NC is listed for sale at $2,250,000. It has been on the market for 86 days. Compare it against other commercial property listings for sale in Linville, NC — view the full market.

Contact

  • bill law — sunbelt of charlotte
  • Bill Law

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