For Sale
$650,000

30 Year Towing And Auto Repair Jacksons' Gap, AL 36861

Established Auto Shop & Real Estate

Overview

Added:
Dec 11, 2024
Days on market:
131
This turnkey opportunity includes a thriving 30-year-old auto repair and towing business located near Lake Martin, Alabama, in Jacksons' Gap (zip code 36861). The sale encompasses three buildings totaling 24,850 to 26,000 square feet situated on a 0.57 to 1-acre lot. Built in 1992, the Class C property boasts 100% occupancy across two units and offers significant growth potential. The business generates consistent revenue from a loyal customer base, providing 24/7 towing and comprehensive auto repair services, including brakes, suspensions, transmissions, engines, and preventative maintenance. Financial highlights include an asking price of $650,000, a cap rate of 11%, seller discretionary earnings of $125,000, total sales of $450,994, and a real estate value of $450,000. The business includes $184,000 in furniture, fixtures, and equipment, and employs five people. Seller financing is available up to 30% of the purchase price, subject to approval. This established business offers a strong foundation for continued success and expansion, making it an attractive investment opportunity.

Property Details for 30 Year Towing And Auto Repair

Property type
Retail properties, Auto shops
Square Feet
24,850 SF
Class
C
Year Built
1992
Buildings
3
Lot Size (sq. ft)
24,829 SF
Units
2

Location Insight

City
Jacksons' Gap
County
Tallapoosa
State
Alabama
Latitude
33.4702383
Longitude
-86.8069698
30 Year Towing And Auto Repair, Jacksons' Gap, Alabama

FAQs

What type of property is this?
Retail property - Established Auto Shop & Real Estate
Where is the retail property located?
The property is located at 30 Year Towing And Auto Repair Jacksons' Gap, AL.
What is the asking price?
The asking price for this property is $650,000.
How can I contact the broker?
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30 Year Towing And Auto Repair
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