TIRE AND AUTO SERVICE CENTER WITH RENTAL INCOME
Seller:
Attn:
Tim Bullard
Location:
Oconomowoc, WI, USA
Listing Number:
"4181-372"
Overview of the Business:
Founded over 50 years ago, this tire auto service center has a great reputation in the Lake Country area. It has an acre of land with 4 separate tax parcels, 3 of which are zoned Conditional B-3, and the remaining parcel R-3. The building itself has 3,750 square feet housing the repair and tire business, which includes 3 repair bays, an office, a waiting room, and 2 rest rooms. There is a rental house included which brings in extra revenue. and approval has been gained to build mini-storage on the land in the future.
Property Features and Assets:
With over an acre of land and with a 3,750 square feet building and an extra 3 bedroom house which brings in rental income of $850 per month, this is a profitable enterprise. It is located just off a busy 4 land highway, near recreational lakes and an area with high income demographics.
Market Competition and Expansion:
Hours of operation are presently Mon-Fri, 7 AM-5PM. The business could expand hours to Saturdays and some evenings. Marketing would be helpful to increase the customer base. Until now, only the Yellow Pages and Word of Mouth have been sources of marketing.
Additional Details:
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