Extremely Rare Automotive Repair / Cash Flow $250K

Retail-Commercial for Sale
Catylist Listing ID: 29939447
Property Subtypes: Vehicle Related
Building Size (RSF): 1,540 SF
Gross Building Area: See Agent
Sale Price: $695,000 - 1,299,800
Unit Price: $451.30 - 844.03 PSF
Property Use Type: Business
Building Name: Confidential
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 11/23/2017

Overview / Comments

Established over 30 years as a one stop shop for all aspects of Auto Repair. Multiple revenue streams including new and used tires, auto repair, speed shop, storage, rental income, U haul, and much more. Buyer will need to purchase both real property and business together. $649,900 Business/ $649,900 Real Estate. Total : $1,299,800

Located on busy road with over 1 acre of property. Ample parking for all clients as well as additional storage for another 20 vehicles. 7 lifts, all tools and equipment necessary for both tires and auto repair. This business has stood the test of time with a proven track record and excellent reputation within the community. They have excellent staff of talented ACE certified mechanics as well as NAPA dealer.

With 500K down seller may finance qualified buyer at 6% for 48 months.
Seller happy to stay on for several weeks for smooth transition for new owner. Buyer with management and automotive experience helpful but not required.

Important* Location and details cannot be released without a signed Non-Disclosure Agreement. Buyers will need to submit proof of funds prior to detailed financials being released.


Additional Details

Nearest MSA: Tampa-St. Petersburg-Clearwater
County: Hillsborough
Zoning: SH-CI
Airports: TPA
Tenancy: Single Tenant
Property Condition: Good

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 22,408 149,866 357,926
Median Age: 36.58 35.41 35.1
Households: 8,751 58,686 141,913


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