1010 Alt 19
Palm Harbor, FL 34683
Palm Harbor Auto Service · Retail Property For Sale

Purchase price includes real estate ($2,000,000) and ESTABLISHED PALM HARBOR AUTOMOTIVE BUSINESS ($1,400,000)! Since 1988, this automotive service business has operated under the same ownership on the same highly visible corner on Alt-19 in Palm Harbor while building a stellar reputation for over 37 years. The owner is retiring and is now ready for a new owner to take the reins of this 11-bay, 9-lift facility and continue its legacy of success. The concrete block building (according to an appraisal) offers 8,100 sq. ft. of versatile space with shop bays, office areas, storage, and even a second-floor apartment. There are eight interior lifts, one exterior lift, two additional service bays without lifts, and 15 exterior parking spaces. Currently servicing approximately 200 cars per month, this business handles everything from tires, brakes, and tune-ups to complete engine builds and classic car restorations. Fantastic location just south of the Palm Harbor Circle, boasting exceptional exposure to upwards of 23,000 vehicles per day, and providing excellent visibility and accessibility. Although the business must be included in the purchase of the real estate (total price $3,400,000), the business ONLY may be purchased for $1,400,000 and the current owner of the real estate will provide the new owner with a favorable long-term triple-net lease for buyer flexibility. The current owner is committed to a seamless transition, offering to provide management training to the new owner, introduce long-term clients, and even remain part-time (based on his schedule) to support continued client retention. With a staff of six full-time and two part-time mechanics, this is a rare turn-key opportunity for an experienced automotive technician, entrepreneur, or investor to acquire an established, profitable business with strong community ties and growth potential. Financial information will be provided upon signing a Non-Disclosure Agreement.