Financing: $1,100,000.00 Down and Plus $950,000 for Real Estate
Reason for Selling:Retiring
PROFITABLE INCOME- REAL ESTATE AVAILABLE WITH BUSINESS!
Well-established auto center, repair shop & car dealer with used car permit. Seller rents bays, transmission shop, and car lot to tenants, as well as three rooms upstairs. This is a large, high-income business with a healthy rent roll. Seller only runs 2 bays himself. Real estate is available from PMTG Realty for an additional $950,000. For real estate- taxes are $50,000, yearly. Seller collects $144,000 in yearly rental income. Contact broker Jim Aloi for appointment.
Business is $150,000, plus $950k real estate (total $1.1).
Note- seller nets $234,000 after paying himself $42,000 for rent.
So note, $234,000 net from rent income and profit combined, before mortgage payment.
CALL BROKER AND AGENT JIM ALOI FOR MEETING!
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Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller.