Address Map

Country : USA

State : Washington

County : Pierce

City : Gig Harbor

Zipcode : 98329

Street : Key Peninsula Hwy

Street Number : 9707

Longitude : W123° 14' 5.5''

Latitude : N47° 15' 46''

StreetDirPrefix : NW

Additional Information

Agent Name : David Hilbert

ListAgentMlsId : 4473

ListOfficeMlsId : 946600

Property Name : Absolute Auto Care

Market Area : Gig Harbor

Company Zip : 98203

Company State : WA

Company City : Everett

Company Address : 6320 Evergreen Way Ste. 211

# of Full Time Employees : 4

Selling Office Commission : 2.5%

All Cash : No

Assignable : No

Beer/Wine License : No

Class H License : Unknown

Commission Exclusions : No

Excluded Items : No

Expense Includes Owner Salary : No

Fixtures Equipment : Yes

Gambling License : No

Includes Living Quarters : No

Inventory Included : No

Member Comments : Showing By Appointment Only; 3 PM Or Later. No Dri

Net Profit : 284484

No Special License : Unknown

Operating Information : Actual

Owner Salary : 120000

Ownership Type : LLC

PDF URLs : /photos/pdf/bo/680077_1.pdf|/photos/pdf/bo/680077_2.pdf|/photos/pdf/bo/680077_3.pdf

Phone System Included : No

Professional License : Unknown

Real Property : No

Renewal Option : No

Seller Terms : No

TradeName : Yes

Use Discretion : No

Year to Date Statement Available : Unknown

Yearly Operating Expense : 1091677

Yearly Operating Income : 1376161

extra_data/Asset Class : Service

Property Description

Rare Opportunity To Own An Auto Repair Business Leased In A 6 Bay Auto Center That Has Been Thriving For Over 17 Years! Lease To Be Negotiated With Seller Currently Offered At $5,000 Per Month, Triple Net. 2.47-Acres. Fully Stocked Auto Repair Building. Business Includes A Vast Inventory Of Tools (See Attached List). Gross: $1,376,161. Net: $284,484. A 30% Cap Rate! Potential to Net Over $600K Yearly If Operated By A Family Of Mechanics Based On 2023 Numbers! Expand Business Hours To Increase Profit! Real Estate Is Also For Sale For $949,950 (Listing # 40116349) 6.3% CAP. Fenced Area For 50 Cars, Dual Drive-Through Entries, Wired Security, And More! Purchase Both Real Estate & Business Together For $1,899,900 (18% CAP!!). Ask About SBA Loan!