Owner does not work on vehicles himself. General & high-end exotic auto repair shop, extremely centrally located. Rare to market, includes Real Estate which is approved for automotive repair, valued approximately at $1m. 50% of the work done is servicing Porsche, Rolls Royce, Mclaren, Ferrari, Lamborghini, and many more exotic vehicles on a daily basis. The other 50% of works is general repair services, and business is increasing on a daily basis with practically zero advertising. Highly rated and reviewed on Yelp, Google, & more. Building has 15 bays, currently has a tenant leasing 3 bays from owners. 2021 has been a very strong year.
A new owner that acquires as cash buyers could add back total rent paid by the Automotive Shop and the additional tenant, currently below market (approximately $60,000 yearly total - $19,200 already in bottom line below).
Current owner may consider partnership - inquire for details.
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