Used Car Sales and Auto Repair Business
Used vehicle dealership with an in-house repair shop in Wilmington, North Carolina
On NextCompany since August 30, 2026 (46 days)
Wilmington NC, NC areaEstablished 20196 FT employees
Business overview
This Wilmington, North Carolina business sells used vehicles and repairs them at the same site. The two operations feed each other, since vehicles sold return for service. Six full-time staff run the 8,000 square foot location. The business opened in 2019 and reports gross revenue of $3,921,154 with cash flow of $681,273.
The sale includes $425,000 of inventory and $75,000 of furniture, fixtures, and equipment. The lease runs to June 2035 at $10,100 a month. A buyer needs an NC DMV license to operate the dealership. The owner is selling to pursue other interests and offers two weeks of training.
Who is a good fit for this business
- Dealers who want a lot with service bays and repeat repair customers.
- Buyers who hold or can obtain an NC DMV license.
- Operators who want two revenue streams running from one location.
- Strategic buyers adding a Wilmington location to an existing group.
Details
- Reason for selling
- Other interests
- Real estate
- Leased
- Monthly rent
- $10,100
Frequently Asked Questions
The business sells used vehicles and repairs them from one location in Wilmington, North Carolina. Customers buy a car and bring it back for maintenance, so the two sides support each other. The repair shop also draws service demand from vehicles the dealership has already sold.
Gross revenue reaches $3,921,154 and cash flow to the owner runs $681,273. The asking price is $2,800,000. The sale includes $425,000 of inventory and $75,000 of furniture, fixtures, and equipment.
Six full-time employees operate the dealership and the repair shop. The site covers 8,000 square feet. The seller offers two weeks of training to hand over the operation.
The business leases its 8,000 square foot site at $10,100 a month. The lease runs through June 2035, so a buyer takes on a long runway at the current location.
Yes. Operating the dealership requires an NC DMV license. A buyer either holds that license already or obtains it as part of taking over the business.