Turn-Key Auto Repair Shop with Seller Financing

5620 Johnson Street, Hollywood, FL 33021

Beau Beach, MBA CCIM presents:

$200,000 price reduction to ensure a timely sale!  The sellers have long waited for retirement…and the day has come!

Turn-key auto repair shop with all tools, client lists, goodwill, marketing, equipment, software and supplies.  Make money on Day #1!  The current home of Donald Auto Repair is located at the busy intersection of Johnson Street, Columbus Pkwy and N. 56th Avenue.  Traffic counts exceed 13,000 vehicles every day.  This two bay, 1,690 SF building sits on a .56 acre corner lot with great signage and visibility.  The property also includes a covered, exterior bay and an uncovered, exterior bay with lift.  Approx. 15 parking spaces.  This well-maintained property was first constructed in 1959.

Irreplaceable location

The municipality will no longer allow auto repair businesses in this area.  Luckily this property is grandfathered in.  That means you’ll never have to worry about competition popping up nearby.  You have a protected territory!

Incredible seller financing options

Seller will finance the sale for qualified buyers.  All buyers must show proof of down payment and submit to a background check.  Qualified buyers may choose from these three options:

OptionSale PriceDown Pmt %Down PmtInterest RateTerm (yrs)Amortization (yrs)Monthly Pmt
#1$999,00025%$249,7505%530$4,022
#2$999,00020%$199,8006%430$4,792
#3$999,00015%$149,8507%330$5,649

Track record of financial success

Operating from this location since 1992, the track record of success is obvious:

2017:  Revenue = $709,378  Cash Flow = $260,016

2018:  Revenue = $625,547  Cash Flow = $220,134

2019:  Revenue = $640,179  Cash Flow = $212,686

No environmental issues

Phase 1 and Phase 2 Environmental Surveys already completed.  All clean!

Close quickly and easily

With seller financing this transaction will close faster and more easily than involving a traditional bank.  Seller requires the transaction to close in 2020.  Also, because we already have the environmental testing complete…the inspection period will be shortened to less than 30 days.

Do not procrastinate.  This unique opportunity will not last long.  We’ll prepare your offer and pay $500 of your legal fees.

Please do not visit the property without prior permission.

>> Click here to get the full Property Information Package <<


LOCATION DESCRIPTION:

Hollywood is a city in Broward County, Florida located between Fort Lauderdale and Miami.  The average temperature is between 68 and 83 °F.  As of 2019, Hollywood had a population of 154,817.  Founded in 1925, the city grew rapidly in the 1950’s and 1960’s and is now the 12th largest city in Florida.  Hollywood is a principal city of the Miami metropolitan area, which was home to an estimated 6,012,331 people at the 2015 census.

Hollywood is served by Fort Lauderdale-Hollywood International Airport, the 22nd busiest airport in the United States.

 

 

 

  • Price: $999,000 
  • Area: .56 Acres 
  • Phone Number: 954-669-1045 
  • Space (s.f.): 1,690 SF 
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