Listing Number: 86715-852878
Turn Key Mechanic/Auto Body shop with excellent revenues, long term employees, and an ideal absentee owner situation.
Property and business are both located in a high growth area that continues to experience increased appreciation for business and commercial real estate. Total of estimated buildings are 15K sq. ft, which contain 2 buildings, 1 main shop, and another building which has a paint booth along with additional working area. Based on the cash flow and the area the price is valued at a 9-10% CAP.
- Price: $1,150,000
- Down Payment: $1,150,000
- Sellers Discretionary Earnings: $100,000
- Total Sales: $708,000
- Location: Madison County, Alabama
- Inventory: $5,000
- FF&E: $100,000
- Employees: 5
- Year Established: 1978
- Reason for Selling: Retirement
- Category: Automotive