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Established PALM HARBOR AUTOMOTIVE BUSINESS for sale! Since 1988, this well-established automotive center has operated under the same ownership on the same highly visible corner on Alt-19 in Palm Harbor while building a stellar reputation for over 37 years. Now ready for new ownership to take the reins of this 11-bay, 9-lift facility and continue its legacy of success. The concrete block building offers 8, 100 sq. ft. of versatile space with shop bays, office areas, storage, and even a second-floor apartment. There are eight interior lifts, one exterior lift, two additional service bays without lifts, and 15 exterior parking spaces. Currently servicing approximately 200 cars per month, this business handles everything from tires, brakes, and tune-ups to complete engine builds and classic car restorations. Fantastic location just south of the Palm Harbor circle, boasting exceptional exposure to upwards of 23, 000 vehicles per day, and providing excellent visibility and accessibility. The building may be sold with the business opportunity or structured as a long-term triple-net lease for buyer flexibility. The current owner is committed to a seamless transition, offering to train the new owner, introduce long-term clients, and even remain part-time (based on his schedule) to support continued client retention. With a staff of six full-time and two part-time mechanics, this is a rare turn-key opportunity for an experienced automotive technician, entrepreneur, or investor to acquire an established, profitable business with strong community ties and growth potential.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$1,400,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,120,000 | $1,120,000 | $1,120,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.241% | 6.121% | 5.979% |
| Monthly Tax Payment | $1,453 | $1,453 | $1,453 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,359 | $6,715 | $9,301 |
| Total Monthly Payment | $7,937 | $8,293 | $10,879 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.