0 Carolina Beach Rd, Wilmington, NC 28428
Exceptional opportunity to acquire a thriving dual-business operation in Wilmington, NC, encompassing a reputable auto repair shop and a successful auto sales dealership. Located on Carolina Beach Rd, in New Hanover County, this established enterprise boasts a strong reputation for quality service and customer satisfaction, serving Wilmington, Wrightsville Beach, Leland, and Carolina Beach. The auto repair shop handles routine maintenance and major repairs, employing experienced and qualified technicians. The auto sales division offers a diverse inventory of cars, SUVs, and trucks, catering to a wide range of budgets and preferences. Both businesses leverage modern, functional websites—the sales site features online vehicle search and photos, while the repair shop offers online booking. This turnkey operation presents a significant advantage with a new manager able to handle day-to-day operations. The business has experienced substantial profit growth over the past three years, indicating significant untapped potential. The asking price is $2,100,000, with a Net Operating Income (NOI) of $727,467. This is a business asset sale
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.