RECESSION PROOF-Best Auto Repair Shop in PARADISE-Maui, Hawaii, USA
| Asking Price: | $525,000 |
| Gross Revenue: | $1,070,120 |
| FF&E: | $120,000 |
| Established Year: | 1952 |
| Cash Flow: | $285,000 |
| Inventory: | $120,000 |
| Real Estate: | $4,300,000 |
RECESSION PROOF-Best Bus Deal in HI (RE Available Also)-ESSENTIAL BUS
Relocate to PARADISE in Perfect Maui, Hawaii, USA! Very busy RECESSION PROOF auto repair shop available for sale for $525,000 with owner financing(RE 4Sale also). The shop facility has a mo rent of $12,500 plus 4.5% GET ($589). Government mandated essential business during COVID. Shop specializes in high line European, Domestic, Asian, cars,SUVs, 4x4s, & Lt trucks. One stop shop for all vehicle needs. Work & live on the best island & place in the world! The shop is located at 2500ft elev. in the absolute best area of Maui(Lower Kula) with the best weather anywhere in the world & 360deg views of the 10,000ft high mountains & beautiful Pacific Ocean below. Temperature is 75-80F, sunny with a light breeze year round. RECESSION worries makes this business BOOM! People don't buy new cars-They fix their old cars! Hit $1.3mil last recession.
There is a huge upcoming demand for electric & hybrid vehicle maintenance. Many EV/Hybrid cars in this very wealthy Upcountry Maui area. Most European car manufacturers are phasing out the internal combustion engine in the next 5yrs & going to all electric. Planned electric charging station here-this is needed due to the high elevations here that use the car's battery up. This shop building has a huge flat roof that would accommodate a large array of PV(photovoltaic) panels which would be wired to storage battery systems.
Real Estate is also available. $4.8mil for Business & RE. The whole package is a Golden Goose! Over $22K net in monthly rentals plus Business Income. 3B2B home plus many other rentals. This property has a huge upside potential-it has sextupled in value in the last 20yrs. 2 water meters!! Owner Financed with $1.8mil down. See Loopnet.com; Redfin.com, Zillow.com for Maui County .
Maui is considered the nicest island paradises in the world due to the great weather here mostly year round. There is world class surfing, wave boarding, paddle boarding, diving, fishing, & all water sports here every day. Pristine beaches, forests, mountains, & jungle to be found everywhere on Maui. Hiking, walking, climbing, golfing, cycling, parasailing, sailing, flying, motor sports all available year round. Excellent cultural, educational, & medical facilities all over the island. 20min to Airport-Direct flights to Honolulu, Mainland, Asia.
Shop purchase price includes all shop & office equipment, 35yrs of customer records (hard copy & computer), 5 lifts, tire changer, wheel balancer, A/C machine, 4 work benches, floor jacks & stands, air compressor & air tanks & hoses, pressure washer & hoses & vacuums, Shop computer system & invoicing system, customer records & 13 office file cabinets and 5 office work desks. Parts room is fully stocked on 20-5shelf metal shelving with plastic parts bins. Shop building has LED ceiling lights & 6skylights. Main front office has a nicely built permanent plexi Covid shield that surrounds the built in large front desk and another small work desk & there are 4 seats in the waiting area along with WIFI & bright LED ceiling lights. There are built in wall files for work in progress & parts ordered, built in shelves & a large lockable key board. It is air conditioned with 4 large vertical picture windows & vertical blinds allowing plenty of light to come in. The middle office has most of the shop filing cabinets (for customer paper files) & a work desk with LED light. The rear (owners private office) has two large work station desks, 2 large 5 drawer horizontal file cabinets, numerous built in wall files, 2 windows for light & ventilation, & LED ceiling lights.
Utilities paid for by buyer: $2200/mo-$400/mo electric, $45/mo water, $220/mo int/phone, $115/mo trash, $65/mo alarm, $145/m shop computer program, $175/m Mitchell repair program, $600/mo ins, $435/mo misc
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