Auto Repair With a House

Charlotte, NC
Mecklenburg County

Asking Price: Annual Revenue:
$192,000 $11,825

Automotive & Boats: Auto & Truck Repair & Service

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RE: Auto Repair With a House Broker: Tonya Kerr

Quick Facts

Asking Price: $192,000
Annual Revenue: $11,825
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1976
Employees: Not Disclosed
BBN Listing #: 681415821
Broker Reference #: CP017

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Business Overview:

This parcel is ideal for storage or a small auto shop. Needs some updates and is sold as is. It is visible from Old Concord Rd. The parcel right beside this is also for sale. This parcel is currently zoned as single family but could/should be zoned commercial. This listing includes 2 Parcels (10501206). House rent $6,000/year - taxes ($846)= $5,154/year. Building rent $8,640 - taxes/ins ($1,969)=$7,894/year. Total profit on both $11,825/year. Monitoring wells on the property should be inspected.
* House would not pass inspection.*

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Property Features and Assets:

I was told that, there used to be a gas station across the street and that this property had monitoring wells. I called an environmental company and they said an inspection could cost around $ 1,700. Buyer responsible for all inspections.

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.

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