Detail

update dateOctober 7, 2022 publish DateOctober 7, 2022 Total views 89
  • Type: Retail
  • Status: Active
  • Listing ID:7680
  • Financing: Bank Financing
  • Real State Included: Yes
    • Description

      Property Included! Cap rate at 14%!

      Auto Parts Supply Store that also does mechanic work! Sellers have owned the business since 2005 and are looking to retire!

      Property has two warehouses with almost 40,000 sq ft!

      Yearly Net Profit is over $150,000 after paying $91,840 in Payroll and all other expenses!

      Business is Closed Sundays! Hours of operation are only from Monday through Friday 8 am- 5 pm and Saturday from 9 am to 1 pm.

      Aftermarket auto body parts imported mostly from Taiwan! The products are sold at a high mark-up!

      Average traffic count is 19,000 cars per day! Located in the City of Birmingham!

      Asking Price for Business and Property is only $1.1M which INCLUDES the inventory valued at over $400,000 at cost!

      If interested, please give us a call anytime at (770) 664-9999 or email your full name and best contact number to info@riverbrokers.com

      Highlights

      .Property Included! Cap rate at 14%!
      .Property Included! Cap rate at 14%!
      .Property has two warehouses with almost 40,000 sq ft!

      Financial Details

        AnnualPer SF
        Gross rental income: $600,000 $Infinity
        Other Income:
        Operating Expenses:
        Property Taxes:
        Total Expenses:
        Net Operating Income: