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VALUABLE COMMERCIAL PROPERTY - Business and Rentals

New Port Richey, FL
Downtown Property 58 Different USES
Asking Price:$998,000
Gross Revenue:$423,657
EBITDA:$221,064
Real Estate:$780,000
Cash Flow:$158,336
Inventory:$10,000
FF&E:$500,000
Established Year:1971
Listing ID: 2315480Listing provided by BizBuySell
BUSINESS DESCRIPTION

Downtown Opportunity to Buy Multi Use Property

VALUABLE COMMERICIAL PROPERTY - GRAND BOULEVARD - Rapidly growing Downtown "New Port Richey Florida". This proprty comes with three(3) rentals, PLUS, the main building all on 150 feet of main road frontage. The total rents for the three(3) units is $1,125 monthly, in addition to the main building , housing the business. The business is very profitable with a 53 year history as a auto-repair-shop with many ongoing customers and their family members for three generations. There is a a lot of uses for this property, because of its exceptional location, for Offices, Retail Liquor Store/Beverage or as a Auto-Repair-Shop as its been for generations Downtown. This property plus, the business gives a Buyer many, many exceptional opportunities, Come-Visit and make an OFFER Today

DETAILED INFORMATION
Location
New Port Richey, FL
Inventory
Included in asking price
Real Estate
Owned
Included in asking price
Building SF
5,944
Employees
4
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The repair shop is outfitted with three(3) bays and auto lifts, providing everything that's need for day-to-day operations. In addition there are plenty of tools and equipment which is all related in care and repair of a Auto or Truck. The staff is four(4) experienced auto technicians, one of the four is the Owner/Manager.
Competition
This business keeps growing with each generation throughout its 53 years. It has provided "Quality Workmanship" which each generation has come to rely on for there auto repair needs. There isn't any real competition near its Downtown location.
Growth & Expansion
This Property and Buildings comes with endless opportunities, its Downtown it has 58 different uses per the City Planning Department. You can have be Office Space for rent or make-it a "Brewery/Restaurant" you many, many options. and it PRICED-TO-SELL, make and OFFER.
Financing
This may work as a SBA loan for 25 years
Support & Training
Seller/Manager will provide four weeks of training at NO-COST
Reason for Selling
After 53 years in business it's time to for retirement.
BUSINESS LOCATION
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Vukcevic
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Nick Vukcevic
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