1 Washington St, North Reading, Massachusetts
1 Washington St, North Reading, Massachusetts 01864 - MH Auto is available for lease in a terrific location - directly on RT 62 near the center of town in N. Reading. The lease of the business includes all of the equipment in the garage including two lifts, lathe, compressor, tire balancer as well as an old SUV with a snow plow. Seller states that he has an "open license" - no restrictions on hours of operation or kinds of repairs in the shop. He is currently closed Sundays. Seller states that the successful operator will most likely pay the entire rent from the income on gas sales and find the bulk of their profit in repairs. Seller presently pumps 18,000 gal/month and is $0.20 higher than the competition - which is miles away. There are 4 full serve pumps with two nozzles each. One each for regular, mid-grade, high test and diesel. Candidate lessees must sign both non disclosure and personal guarantee of lease and agree to landlord rules regarding cleanliness and upkeep of property. Lessee responsible for all due diligence.
Listing Courtesy of Clear Sailing Realty
“Debra was great through the entire sale process. She's extremely professional, responsive, practical and a real pleasure to work with. Highly recommend her whether you're selling, buying or both!”