This well-established automotive paint and repair shop has been successfully operating for approximately 30 years in the Hollywood area. The business specializes in collision repair, paintwork, vehicle wraps, frame restoration, and a wide range of additional automotive services.
With decades of reliable service and consistent quality, the shop has built a loyal customer base and strong reputation in the community. This has resulted in a steady stream of repeat clients and referral business, making it an excellent opportunity for a new owner seeking a proven and stable operation with a solid market presence.
The total monthly rent is $30,000, with approximately $26,000 offset by three sublease tenants, significantly reducing the effective occupancy cost. The facility is fully equipped, properly licensed, and well-positioned to continue generating strong demand in one of the most active automotive markets in Miami-Dade and Broward counties.
Hollywood, FL, 33020
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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