Spalding Auto Service / #4386

Business Opportunity for Sale
Catylist Listing ID: 30758474
Property Subtypes: Auto Related
Building Size (RSF): 4,616 SF
Sale Price: $600,000
Year Business Established: 1991
Gross Revenue: $241,597 (Annual)
Cash Flow: $0 (Annual)
Relocatable Business: Yes
Sale Terms: Price includes Business and Real Estate
Last Updated: 10/19/2021

Overview / Comments

PRICE FOR BUSINESS WITH REAL ESTATE: $600,000
PRICE FOR BUSINESS: $325,000
PRICE FOR REAL ESTATE: $275,000

Business has been established for 30 years, with a loyal following. Specializing in tires, brakes, oil change, advanced diagnostics, scheduled maintenance and general auto repair. Older portion of building is concrete block, with new overhead doors, interior and exterior metal siding, wiring and lighting on the south 21x50' portion of building. Newer portion of building has 4 overhead doors with lifts. Lot measures .34 acres.

- 4,616 SF
- 672 SF Office
- 8 OH doors (4 with lifts)
- (4) 10x14 and (2) 4x10 drive-in bays
- 17' & 10' clear height
- 2 Restrooms
- Shop
- Break Room

** Signed CA needed for further information

Additional Details

Nearest MSA: Evansville
County: Vanderburgh
Industry Segment: Auto Body and Repair
Reason for Selling: Retiring
Value of Inventory Included ($): $1,500
Value of Furniture, Fixtures, and Equipment ($): $167,500
Real Estate Status: Real Property
Value of Real Estate Included ($): $0
Mgmt/Training Support Description: 30 days
Seller Financing Description: Negotiable

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,996 91,523 143,582
Median Age: 33.14 37.39 38.25
Households: 5,385 38,653 61,550
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