Carolina Beach Rd Wilmington, NC 28428
- Retail properties
Current Use by Public Records
- Retail properties
Property Details for 0 Carolina Beach Rd
- Property type
- Retail properties
- Property subtype
- Auto shops
Description
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
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Wilmington
- County
- New Hanover
- State
- North Carolina
- Longitude
- -77.898
- Latitude
- 34.0649
