Auto Repair Shop with Valuable Real Estate in N. Hampton, NH for Sale!

Description

We are pleased to present the availability of a two level 9,352+/- SF office/garage building and a 2,500+/- SF shop/garage building on 1.20+/- acres with great visibility on Route 1/Lafayette Road in North Hampton, NH.  Building one consists of 350+/- SF of front office space, a large multi-stall garage with a spray booth, seven drive-in doors of varying heights, and an unfinished second floor for storage. Building two, located in the rear of the property, consists of 2,500+/- SF. of open garage/storage/warehouse space and two 10 x 10 drive-in doors.

The business and business assets can be included in the sale; NDA is required to receive financials. Great signage opportunity on Lafayette Road/Route 1 with 18,297+/- VPD per NHDOT 2019. Ideal location 6.0+/- miles to I-95.

Business asking price is $400,000 which includes all Furniture, Fixtures, & Equipment, customer list, business name, goodwill and other tangibles and intangibles.

Real Estate is offered by Colliers International in partnership with First Street Business Brokers for the business. Real Estate is priced at $800,000.

Detailed Information:

Business Price: $400,000

Real Estate Price: $800,000

Revenues: $672,000

Furniture, Fixtures, & Equipment (FF&E): $300,000 est. (included)

Sellers Discretionary Income: Provided with NDA

Facilities: The business is located in a high traffic location, close to major highways and shopping areas. There are two freestanding buildings on 1.20+/- acres with onsite parking and 155 feet of road frontage.  There is a total of 11,852 +/- SF between the two buildings and 9 drive-in bays.

Competition: Business serves the geographic market of the New Hampshire Seacoast area. There are competitors in the market but still plenty of room for growth. 

Growth & Expansion: Company has strong customer and vendor relationships, and a strong repeat business. Additional revenue gained by increasing marketing spend.

Support & Training: Seller is willing to assist in support and training.

Reason for Selling: Divestiture

Please complete the attached NDA to receive location and related financials.

Real Estate is offered by Colliers International, 603-433-7100.  Link to Flyer on Offering.


Location