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Car Dealership with Property 1400 Navco Rd

4,000 SF Retail Building Mobile, AL 36605 £472,611 (£118/SF)

Investment Highlights

  • Car Dealership with property in Mobile, AL that generates car sales and generates income from financing car sales!
  • Sales are an average of $50,000 per month from the accounts!
  • Dealership has approximately 200 accounts with each account collecting between $250 to $275 per month! Interest rate on the accounts is 24.95%!

Executive Summary

Car Dealership with property in Mobile, AL that generates car sales and generates income from financing car sales!
Dealership has approximately 200 accounts with each account collecting between $250 to $275 per month! Interest rate on the accounts is 24.95%!
Sales are an average of $50,000 per month from the accounts!
All cars are tracked with a built-in sensor! If the payment is even one day late, then repossession is permitted. Repo company is reliable!
Roughly 50 cars on the lot that are included in the price!
Seller has a Mechanic onsite to handle repairs! Minimal learning curve for the Buyer!
Closed Sundays! Favorable hours from 10am to 6pm each day! Seller is the only person working the business other than the mechanic! Seller is looking to semi-retire!
10 Min from a mixed-use development!
11 Min from one of the newest housing developments, consisting of residential units and several retail & office tenants.
3 Min from a multi-family apartment complex with 96 units! 2 Miles from Mobile International Airport!
High traffic count of 12,960 vehicles passing by the dealership each day!
Asking Price for Business and Property: $649,000 plus inventory. Inventory is estimated at $100,000 at cost.
If interested, please call or text us anytime at (770) 664-9999 or email your full name and best contact number to info@riverbrokers.com

Property Facts

Sale Type
Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
4,000 SF
Building Class
C
Year Built
2002
Price
£472,611
Price Per SF
£118
Tenancy
Single
Number of Floors
1
Building FAR
0.21
Land Acres
0.45 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
32-02-37-0-004-097
Land Assessment
£6,154
Improvements Assessment
£25,043
Total Assessment
£31,197
  • Listing ID: 32093303

  • Date on Market: 11/06/2024

  • Last Updated:

  • Address: 1400 Navco Rd, Mobile, AL 36605

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