Business Overview:
Owner does not work on vehicles himself. General & high-end exotic auto repair shop, extremely centrally located. Rare to market, includes Real Estate which is approved for automotive repair, valued approximately at $1m. (50%) of the work done is servicing Porsche, Rolls Royce, Mclaren, Ferrari, Lamborghini, and many more exotic vehicles on a daily basis. The other 50% of works is general repair services, and business is increasing on a daily basis with practically zero advertising. Highly rated and reviewed on Yelp, Google, & more. Building has fifteen bays, currently has a tenant leasing three bays from owners. 2021 has been a very strong year.
A new owner that acquires as cash buyers could add back total rent paid by the Automotive Shop and the additional tenant, currently below market (approximately $60,000 yearly total - $19,200 already in bottom line below).
Current owner may consider partnership - inquire for details.
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Property Features and Assets:
Facilities: 6,800 Square Foot with 16 Bays.
Market Competition and Expansion:
There are only more Exotic vehicles needing service regularly in this area. Steady uptick in business.
Reason for Selling:
Retirement
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.
Relevant Links: