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Property Included! Cap rate at 12.5%!Auto Parts Supply Store that also does mechanic work! Sellers have owned the business since 2005 and are looking to retire!Property has two warehouses with almost 40,000 square feet!Yearly Net Profit is over $150,000 after paying $91,840 in Payroll and all other expenses!Business is Closed Sundays! Hours of operation are only from Monday through Friday 8 am- 5 pm and Saturday from 9 am to 1 pm.Aftermarket auto body parts imported mostly from Taiwan! The products are sold at a high mark-up!Average traffic count is 19,000 cars per day! Located in the City of Birmingham!Asking Price for Business and Property is only $1.2M which INCLUDES the inventory valued at over $400,000 at cost!If interested, please contact us with your full name and best contact number. Please use reply to this ad button to contact us.
Seller has spent over $65,000 PER STORE to remodel! Buyer gets the benefit of coming in with no extra headache or money needed to remodel!Either location can be sold together or separately!Birmingham, AL Location Details:100% Absentee-Owned! SBA Qualified! Remodeling Complete!Yearly Sales are over $790,000! Payroll is over $165,000! Rent is $6,800 NNN per month with two 5-year renewal options remaining!The average daily traffic count is 39,460! Adjacent to a shopping center. Residential areas are less than 2 miles away!Near a Country Club! 6 miles from Community College with over 8,900 students! 5 mins from a high school with over 1500 students! 10 mins from two medical centers.Asking Price for the Birmingham, AL business-only location: $499,000!---Clay, AL Location Details:100% Absentee-Owned! SBA Qualified! Remodeling Complete!Yearly Sales are over $700,000! Payroll is nearly $150,000! Rent is only $2,800 NNN per month with two 5-year renewal options remaining! The rent includes the water expense! Average daily traffic count is 11,320!Near a medical center! Less than 2 mins from an elementary school with over 500 students! Less than a mile away from a high school and middle school with over 2,000 students!Asking Price for the Clay, AL business-only location: $599,000!If interested, please give us a call anytime at (770) 664-9999 or email your full name and best contact number to info@riverbrokers.com
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