Automobile Repair Business & Real Estate for Sale
| Asking Price: | $795,000 |
| Established Year: | 2004 |
| Gross Revenue: | $500,000 |
Very Profitable Investment Opportunity in Sunny Florida
Own a Profitable Business & Real Estate for Only $795,000 in Sunny Florida!
SELLER FINANCING OPTION! SELLER IS WILLING TO FINANCE THE PURCHASE TO A QUALIFIED BUYER THAT WOULD REQUIRE A $250,000 DOWN PAYMENT.
Are you tired of the SNOW and looking to invest in your own business in the Sunshine State? Look no further! This Very Profitable, 20+ Year Quality Established Business in Lake Placid, Florida, is a fantastic opportunity. Averaging approximately $500,000 in Gross Sales. Annually, this business is situated in a rapidly growing area surrounded by beautiful lakes, offering both a lucrative investment or perfect for the owner/user and a wonderful lifestyle.
Prime Property Features
The property includes a 2,440 SF building featuring multiple service bays: an indoor service bay with 2 lifts (840 SF), an additional indoor service bay (560 SF), an outdoor service bay with a lift,15’ high (600 SF), and another outdoor service bay 14’ high (280 SF). The premises also boasts an open reception area (480 SF) and a sales area with backroom storage and mezzanine (560 SF). With three roll-up doors, three compressors, and one portable generator, the building is well-equipped for business operations. The exterior wall is C.B. stucco, the roof was replaced approximately 4 years ago, and the HVAC system is electric and forced air ducted.
Strategic Location & Attractive Site
Located at the busy intersection of Tower Street and CR 621 E, this property offers excellent frontage road exposure (169’ & 239’ linear feet). The 0.334-acre lot (14,554 SF) is zoned Commercial and includes 25 parking spaces with surface ground parking. Fenced-in surface storage adds to the site's utility. This prime location is just minutes from downtown Lake Placid. This site benefits from a growing population and favorable demographics: within a 1-mile radius, the population is 3,077 with a median age of 43.7 and an average household income of $59,006. Within a 3-mile radius, the population grows to 11,279 with a median age of 57 and an average household income of $66,697. Within a 5-mile radius, the population reaches 18,412 with a median age of 57 and an average household income of $65,508. Home values are also robust, averaging $200,159 within 1 mile, $225,744 within 3 miles, and $236,417 within 5 miles.
The property taxes for 2023 were $2,145.25.
Don’t miss this rare opportunity to own a successful business and valuable real estate in the heart of Sunny Florida!
BUSINESS LOCATION
