$2,800,000
Phoenix, AZ 85017
MLS# 5125041
Status: Closed
3250 sqft
1 / 2
Property Description
PRICE REDUCTION/MOTIVATED SELLER! 29 year old trucking/hauling company w/ well established contracts/clients in Phoenix; 6 types of trucks; 2013 Gross Sale $5.7+ million; 2013 NOI $560K & 2014 NOI projected $520K+; 2 parcels; approx 1 acre; Family owned business; owner looking to retire; Trucks and equipment value roughly $2.0 million; approx 45-50 employees; real estate/buildings valued at $500K, land includes a ABOVE GROUND fuel storage tank; Real estate is separate from the business but can be included if desired. Owner willing to carry a portion of land/buildings with reasonable down payment.
Details
General Property Description
Ttl Apx SqFt Bldg: 3250
Uncvrd Parking Spcs: 10
Legal Info
Township: 2N
Range: 2E
Section: 26
Sold Info
Loan Type: SBA
Loan Years: 30
Payment Type: Fixed
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Contract Info
Current Price: $2,800,000
Sold Price: $2,800,000
Status: Closed
List Date: 2014-05-28
Location
Map Code/Grid: P33
House Number: 3321
Compass: N
Street Name: 35TH
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85017
Zip4: 5259
Country: US
County Code: Maricopa
Assessor Number: 108-03-099
Remarks Misc
Cross Street: 35th Ave/Thomas
Geo Lat: 33.486948
Geo Lon: -112.133399
Status Change Info
Off Market Date: 2015-04-05
Under Contract Date: 2015-04-03
Close of Escrow Date: 2015-06-15
Sold Price: $2,800,000
Income Expenses
Net Operating Income: 561283
Property Features
Business Type: Professional Service
Form of Ownership: Corporation
Sale Price Includes: Goodwill; Equipment; Inventory; Real Estate; License(s)
Lease Information: None
Hours of Operation: Weekdays Only
Type of Lease: None
Business Age: 10+ Years
Current Ownership: 10+ Years
Business Location: Fixed Location; Free Standing Bldg
Training: 2 Months
Expenses Include: Rent - Real Estate; Utilities; Insurance; Advertising; Signage; Accounting; Legal; Supplies; Taxes - Real Estate; Taxes - Personal Pro; Taxes - Payroll; Licenses; Equipment Rental; Repairs; Employee Benefits; Payroll; Telephone; Owners Draw
Source of Fincl Data: Owner; Bks Shwn W/Acpt Ofr; Tax Return
Backup Information: Equipment Lease; Accts Rec Aging; Accts Pay Aging; Equipment List; Inventory List
Construction: Other
Exterior: Storage Yard; Roof Sign; Security Camera(s)
Parking Features: Fenced; Free
Electric: SRP
Gas: None
Water Source: City Franchise
Sewer: Sewer - Public
Cooling: Heat Pump; Evaporative Cooling; 2 or more Units
Road Surface Type: Asphalt; Concrete
Traffic Count: Not Available
Current Financing 1: Conventional
Current Financing 2: Treat as Free & Clr
Current Financing 3: Treat as Free & Clr
New Financing: Cash; Cash to Loan; Seller Approve Terms; Owner May Carry; Lease Purchase
Environmental: None
Listing Office: Peak PM LLC
Office Phone: 602-920-6402
Office Email: [email protected]
Last Updated: June - 16 - 2015
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