RE & Auto Accessories Bus. For Sale

Dormont, PA (Allegheny County) (Relocatable)

RE & Auto Accessories Bus. For Sale

Asking Price:$600,000

Cash Flow:$102,765

Gross Revenue:$173,167




Real Estate:$525,000


RE & Auto Accessories Bus. For Sale

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Business Description

81 Feet of Frontage Along Banksville Road
Two Second Floor Apartments
Highly Visible Retail Site
Located at Traffic Light
Employees Willing to Stay
Hydraulic Lift Extends to Ceiling

Detailed Information

Real Estate:
Included in asking price
Building Sq. Ft.:
Property located on 7,710 SF lot situated at both the last traffic light prior to entering the City of Pittsburgh and the first upon exiting the City via Parkway West. Traffic Counts in excess of 23,000 daily. Building consists of 4,750 SF with 3,000 SF on First Floor comprising 4 Garage Bays and Showroom. Second Floor contains 1,750 SF comprising Two 2 Bedroom Apartments. Potential income from these units is not reflected in the financials. Cap Rate of 8.6%. Sale Price includes all machinery and miscellaneous items related to the business. Owner will stay several months and train. A French Drain is installed alongside the rear of the property. New Roof and Rear Deck installed to facilitate entertaining in private outdoor space. Proprietary Contacts exclusive to this business are included along with protected territories for product sales.
This site has contained an Auto Accessories Installation Business for over 35 years. Numerous repeat customers and celebrity clients. Predominately an all cash business. Margins in excess of fifty percent.
Growth & Expansion:
Limited space for expansion. Parking for six cars but can house an additional five within garage bays.
Support & Training:
Owner will provide training.
Reason for Selling:
Owner wishes to relocate to California where he has familial roots.

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Herbie Joseph

Business Listed By:
Herbie Joseph

KW Commercial

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