Retirement Sale – Established Auto Repair Shop + Real Estate (Shoreline, WA)
Rare opportunity to acquire a profitable, family-owned auto repair business with real estate, proudly serving the community for over 40 years. The shop grosses $1.2M+ annually with an additional $45K in rental income. Sale includes a 26,647 SF lot on a prime corner in Shoreline, WA, centrally located near all services.
This offering delivers an 8.8% Cap Rate and has been SBA prequalified for a qualified buyer. A Phase I Environmental Report has been completed, and the property offers future development potential in a highly desirable location.
Services range from classic cars to daily drivers, and one partner is willing to remain as an employee to ensure a smooth transition.
An excellent opportunity for an owner-operator or investor seeking both a profitable business and a property with long-term upside.