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Listing #AU09836

Listing #AU09836
Monroe, Union, NC 707 N Sutherland Avenue, Monroe, NC 28110

Well established automotive mechanic shop and inspection station with six bays. Prime location! Business is well established and has many loyal customers. Current owner is hands on involved and very honest and professional individual. His hard work help him build a solid base without any marketing efforts. This is a full service Auto Repair garage. Seller owns the property and will rent out to buyer. 



Offered at $275,000

Listing #AU09836
Monroe, Union, NC 707 N Sutherland Avenue, Monroe, NC 28110

Well established automotive mechanic shop and inspection station with six bays. Prime location! Business is well established and has many loyal customers. Current owner is hands on involved and very honest and professional individual. His hard work help him build a solid base without any marketing efforts. This is a full service Auto Repair garage. Seller owns the property and will rent out to buyer. 

Offered at $275,000
Property Details
Listing Type: Automotive
Annual Sales: $207000
Old Price: 375000
Selling Price: $ 275,000.00
Lease Price: 5500
Property Owned: Yes
Property for Sale: No
Property Included: No
Inventory Included: Yes
Inventory Amount: 1000
Hours: Monday - Friday - 8.00 am . 5.30 pm
Franchise: No
Year Business Started: 2017
Security System: Yes
Number of Employees: 2
Rent: 2500
Lease: 5 plus 5 plus 5. 2500 for first five years and 5 percent increase at each renewal
Area Information:
Equipment Age: 5 yr
Number of Cash Registers: 1
Building Age: 1960
Construction Type: Brick
Parking Spaces: 20
Basement: No
Number of Offices: 1
Number of Restrooms: 1
Environmental Status: Not Known
# of Lifts: 6


Annual Income Streams

Gas Commission
Gas Gallons
Gas Sales
Inside Sales
ATM
Air / Vac
Drink Machines (outside)
Lottery Commission
Money Order
Propane
Rent Income
Beer Sales
Tobacco Sales
Rebates
Room Revenue
Restaurant Revenue
Liquor Sales
Total Sales
Car Wash
Check Cashing
Game Machine
Phone Cards
Western Union
Other
Other
Other
Catering

Monthly Expense Items

Accounting / Legal
Bank Charges
Business Insurance
Car Wash Repairs & Supplies
Credit Card Fees
Licenses
Phone
Power
Payroll
Property Tax
Rent
Repairs
Supplies
Tank (UST) Fees
Garbage
Dues / Subscriptions
Laundry Uniform
Training
Natural Gas / Propane
Mortgage
Payroll Tax
Insurance
Utilities
Communication
Security
Event Fees
Office Expense
Office Supplies
Postage
Shipping
Professional Fees
Royalties
Bill Pay
Water
Other
Other
Other
Advertising
Equipment Rental
Auto
Workers Comp Insurance
Employee Health Insurance
Merchant Fees
Uniforms
Fuel Oil
Customer Promotions
Property Manager


Please Contact your County South Broker for a more detailed list of income and expenses.

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NOTE: All information listed here is provided by the seller and should be verified by buyer as we do not guarantee it to be correct.

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