Listing Courtesy of: Real Estate 2000 Inc.
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Description
Rare Opportunity To Own An Auto Repair Business Leased In A 6 Bay Auto Center That Has Been Thriving For Over 17 Years! Lease To Be Negotiated With Seller Currently Offered At $5,000 Per Month, Triple Net. 2.47-acres. Fully Stocked Auto Repair Building. Business Includes A Vast Inventory Of Tools (see Attached List). Gross: $1,376,161. Net: $284,484. A 30% Cap Rate! Potential To Net Over $600k Yearly If Operated By A Family Of Mechanics Based On 2023 Numbers! Expand Business Hours To Increase Profit! Real Estate Is Also For Sale For $949,950 (listing # 2219284) 6.3% Cap. Fenced Area For 50 Cars, Dual Drive-through Entries, Wired Security, And More! Purchase Both Real Estate & Business Together For $1,899,900 (18% Cap!!). Ask About Sba Loan!
Property Features