2982 Michigan Ave

Kissimmee, FL (Osceola County)

2982 Michigan Ave
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Asking Price: Get Financing: $4,000,000

Cash Flow: N/A

Gross Revenue: $953,026

EBITDA: N/A

FF&E: N/A

Inventory: $15,000

Real Estate: N/A

Established: 1987

2982 Michigan Ave

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Business Description

The owners of the building across the street are paying $3000 per month on a month-to-month lease to use some of the parking. They have a car dealership tenant in the back paying $3500 a month on a two-year lease. The car dealer is currently utilizing the extra space that can be built on for the car lot so it will not be available to build on until the end of his lease in two years....the additional space to put a third building on and have all the plans and permits ready to go in that building is 2450 ft.² to be built. Their business is a tire and wheel business and it is currently doing $1,300,000 in gross revenue per year in approximately $500,000 owner benefit. It includes a secondary Business of picking up used tires from a number of car dealerships. The business has been operating for 30 years and approximately 15 years in its current location. Each building has its own electric and water meter. The front building has a few offices and then the main area that has four roll up doors and that warehouse space is fully insulated and can be air-conditioned.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
5,705
Employees:
6
Competition:
Non compete for 15 miles for 5 years
Support & Training:
30 days training
Reason for Selling:
Moving back to PR
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Contact the Seller

(from currently available funds)
 
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Mark L. Allen

Business Listed By:
Mark L. Allen

Commercial Real Estate Professionals, In

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