Business Overview:
This is a 15 year old general auto repair shop with some of the best repair equipment in town. They enjoy a relationship with a national chain that brings in a lot of customers. The attached 1,500 square feet new apartment could be rented out for $1,200 per month if the real estate is purchased.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
5,000 square feet shop with 1,500 square feet apartment. Rent on shop is $3,500 per month with a 5 year lease. Property available for sale at $570,000 with $125,000 down and carry $445,000 for 20 years at 10% with a monthly payment of $4,294 per month.
Market Competition and Expansion:
Newest and best equipment available that only he has in the area.
Reason for Selling:
Retire
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.