RETIREMENT SALE: Local Family Run Auto Care in Shoreline

Asking Price$6,400,000

Cash Flow
Not Disclosed

EBITDA$550,000

Gross Revenue$1,313,104

Inventory$1,200,000
Included in asking price
FF&E$250,000
Included in asking price
Real Estate$5,250,000
Included in asking price
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RETIREMENT SALE: Local Family Run Auto Care in Shoreline


Asking Price$6,400,000

Cash Flow
Not Disclosed

EBITDA$550,000

Gross Revenue$1,313,104

Inventory$1,200,000
Included in asking price
FF&E$250,000
Included in asking price
Real Estate$5,250,000
Included in asking price

Seller Financing Available
Business Description
Shoreline Family Auto has been a trusted local auto care provider with a customer base that returns year after year since 1974. Located on Aurora Ave in busy shopping district.
A solid financial history makes this business a great investment for a new owner/operator to easily step in and continue providing quality auto care to this community.
Infrastructure is in place to successfully continue this business or rebrand as new auto-care.
Land and buildings included in sale and is zoned for mixed use commercial.
Fantastic investment opportunity with A CAP rate of 8.8%.
Rental income from additional business on property at 44k/ year
About the Business
Years in Operation
51
Employees
10
Facilities & Assets
Provides versatile spaces that can be tailored to your specific needs. With an array of room layouts and sizes, you'll have the freedom to design a space that perfectly aligns with your vision.
Existing Buildings have 2365 SF of rentable space.
Land value is way below market price.
Full lot size is 26,647 SQ FT
Market Outlook / Competition
Excellent visibility and accessibility, making it a hotspot for both local residents and visitors. Its proximity to major roads, public transportation, and bustling commercial hubs ensures a steady stream of potential customers and clients, whether you're aiming to establish a thriving retail outlet, an innovative tech startup, a cozy cafe, or any other business endeavor.
Opportunities for Growth
The sky is the limit
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
26,647
About the Sale
Seller Motivation
Owner is Retiring
Transition Support
After closing one owner is willing to stay on as a paid consultant or employee.
Financing Options
Possible SBA approval and OAC.
Listing Info
ID
2142796
Listing Views
4880

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Business Listed by: Vantage Partners Vantage Commercial Partners

Listing ID: 2142796 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.