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Absolute Auto Care

9707, Key Peninsula Hwy, Gig Harbor, WA 98329
$849,990

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 33.5% 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 $849,990 (Listing #2219284) 7% CAP. Fenced Area For 50 Cars, Dual Drive-Through Entries, Wired Security, And More! Purchase Both Real Estate & Business Together For $1,699,980, (20.3% CAP!!). Ask About SBA Loan!

9707,Key Peninsula Hwy, Gig Harbor, WA  98329

Business Characteristics

Operating Hours:
Days Open: 
Year Established: 2007
Parking Available: 
Seating: 

Business Terms

All Cash: No
Seller Terms: No

Business Financial

Operating Information: Actual
Operating Income: 1376161
Operating Expense: 1091677
Net Profit: 284484
Owner Salary Included in Expenses: No
Number of Owners:
Reason for Selling: 

  • Address: 9707, Key Peninsula Hwy, Gig Harbor, WA 98329
  • City: Gig Harbor
  • State/county: WA
  • Zip/Postal Code: 98329
  • Country: United States

Detail

Updated on February 12, 2025 at 4:20 pm

  • Property ID: 680077
  • Price: $849,990.00/For Sale
  • Property Type: Service
  • Property Status: Available

Contact info

Windermere Commercial
Windermere Commercial
360-676-5900

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