A1 Presto Auto Body Shop Wiles Rd 2A Coral Springs, FL 33067

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1 A1 Presto Auto Body Shop A +++ location in Coral Springs, Florida. Includes the business, and real property. One of the few licensed auto collision business's in Coral Springs Tall 16' ceilings. 29 year well established business, E2 Visa qualified. JOHN DEMARCO, ACP, CCIM JohnDeMarco@Remax.net RE/MAX 5 STAR REALTY 4151 Hollywood Blvd Hollywood, FL (954) Each office independently owned and operated

2 INVESTMENT DETAILS ANALYSIS Analysis Date September 2018 PROPERTY Property Property Address A1 Presto Auto Body Shop Wiles Rd 2A Coral Springs, FL Year Built 1995 PURCHASE INFORMATION Property Type Commercial Purchase Price $799,000 Tenants 1 Total Rentable Sq. Ft. 2,526 FINANCIAL INFORMATION All Cash LOANS Type Debt Term Amortization Rate Payment LO Costs All Cash INCOME & EXPENSES Gross Operating Income $600,000 Monthly GOI $50,000 Total Annual Expenses ($450,000) Monthly Expenses ($37,500) P. 2

3 EXECUTIVE SUMMARY Acquisition Costs Purchase Price, Points and Closing Costs $799,000 Investment Cash $0 Investment Information Purchase Price $799,000 Price per Tenant $799,000 Price per Sq. Ft. $ Income, Expenses & Cash Flow Gross Scheduled Income $600,000 Total Vacancy and Credits $0 Operating Expenses ($450,000) Net Operating Income $150,000 Debt Service $0 Cash Flow Before Taxes $150,000 Financial Indicators Debt Coverage Ratio N/A Capitalization Rate 18.77% Gross Income / Square Feet $ Gross Expenses / Square Feet ($178.15) Operating Expense Ratio 75.00% P. 3

4 PROPERTY DESCRIPTION John DeMarco with Re/Max 5 Star Realty is pleased to present the sale A1 Presto Auto Body business and Real Property. Once in a lifetime opportunity to acquire a successfully operating 29 year established collision business in South Florida. Complete with all tools, licenses and permitted spray booth; true turnkey business with huge earnings potential and stable income. Join one of only a handful of licensed collision repair shops permitted in the entire city of Coral Springs. Owner retiring after 29 years of successful operations. Current estimated gross income is $600,000 per year with an approximate Net income of $150,000. Please remember to not disturb the existing business, all showings are by appointment only. Call listing broker for additional information. P. 4

5 PROPERTY PHOTOS P. 5

6 MAPS AND AERIALS and should be personally verified through personal inspection by and/or with the appropriate professionals. P. 6

7 MAPS AND AERIALS and should be personally verified through personal inspection by and/or with the appropriate professionals. P. 7

8 LOCATION MAP P. 8

9 DEMOGRAPHICS Population 1 Mile 3 Mile 5 Mile Male 5,779 (47.56 %) 35,596 (48.17 %) 76,156 (47.28 %) Female 6,373 (52.44 %) 38,305 (51.83 %) 84,927 (52.72 %) Total Population 12,152 73, ,083 Age Breakdown 1 Mile 3 Mile 5 Mile Ages (6.54 %) 4,357 (5.90 %) 8,743 (5.43 %) Ages 59 1,058 (8.71 %) 5,758 (7.79 %) 11,423 (7.09 %) Ages ,032 (8.49 %) 5,669 (7.67 %) 11,211 (7.09 %) Ages ,054 (8.67 %) 5,876 (7.95 %) 11,490 (7.13 %) Ages (8.18 %) 5,708 (7.72 %) 11,272 (7.00 %) Ages (7.33 %) 5,114 (6.92 %) 10,349 (6.42 %) Ages (6.30 %) 4,457 (6.03 %) 9,284 (5.76 %) Ages (5.99 %) 4,120 (5.58 %) 8,769 (5.44 %) Ages (6.57 %) 4,289 (5.80 %) 9,210 (5.72 %) Ages (7.09 %) 4,740 (6.41 %) 10,240 (6.36 %) Ages (6.96 %) 4,993 (6.76 %) 10,715 (6.65 %) Ages (6.13 %) 4,834 (6.54 %) 10,601 (6.58 %) Ages (4.72 %) 4,162 (5.63 %) 9,458 (5.87 %) Ages (3.26 %) 3,155 (4.27 %) 7,614 (4.73 %) Ages (2.02 %) 2,292 (3.10 %) 5,853 (3.63 %) Ages (1.19 %) 1,655 (2.24 %) 4,518 (2.80 %) Ages (0.83 %) 1,134 (1.53 %) 3,508 (2.18 %) Ages (1.01 %) 1,588 (2.15 %) 6,825 (4.24 %) P. 9

10 DEMOGRAPHICS Household Income 1 Mile 3 Mile 5 Mile Median Income $75,495 $85,402 $72,617 Less than $10, ,303 $10,000 $14, ,096 $15,000 $19, ,776 $20,000 $24, ,634 $25,000 $29, ,470 $30,000 $34, ,653 $35,000 $39, ,026 2,657 $40,000 $44, ,603 $45,000 $49, ,498 $50,000 $59, ,606 4,667 $60,000 $74, ,303 5,382 $75,000 $99, ,366 7,906 $100,000 $124, ,800 5,978 $125,000 $149, ,844 3,645 $150,000 $199, ,139 3,880 Greater than $200, ,821 4,541 Housing 1 Mile 3 Mile 5 Mile Housing Units 4,151 26,742 65,168 Occupied Units 3,838 24,593 58,993 Owner Occupied Units 2,450 17,233 42,482 Renter Occupied Units 1,388 7,360 16,511 Vacant Units 313 2,149 6,175 Race Demographics 1 Mile 3 Mile 5 Mile Population Non Hispanic White 7,603 54, ,840 Population Black 2,894 11,807 26,525 Population Am In/Ak Nat P. 10

11 NW 24th Ave SOLD Pompano Beach, FL Broward County Recorded Buyer: Demisol Holdings LLC Recorded Seller: 1540 Properties LLC 2805 E Oakland Park Blvd Fort Lauderdale, FL Mansfield Hollow Rd Delray Beach, FL True Buyer: Demisol Holdings LLC True Seller: (561) Properties LLC Map Page: Trakker 143 Sale Date: Sale Price: Price/SF: PrFrma Cap Rate: Actual Cap Rate: 01/19/2018 (78 days on mkt) Bldg Type: $1,650,000 Confirmed Year Built/Age: $ RBA: Land Area: Zoning: Sale Conditions: Class B IndustrialTruck Terminal Built 1973 Age: 45 5,000 SF 1.80 AC (78,408 SF) I1, B4 Bulk/Portfolio Sale Parcel No: Financing: Comp ID: $1,250,000 from Seller Research Status: Confirmed N Powerline Rd SOLD Fort Lauderdale, FL Broward County Recorded Buyer: Powerline Center Llc Recorded Seller: Conway Eleanor A 4726 NW Boca Raton Blvd Boca Raton, FL True Buyer: John Spadavecchia Sale Date: Sale Price: Price/SF: PrFrma Cap Rate: 04/27/2018 Bldg Type: $795,000 Year Built/Age: $ RBA: Land Area: Zoning: Class C IndustrialManufacturing Built 1959 Age: 59 2,109 SF 1.93 AC (84,071 SF) I Parcel No: Financing: Comp ID: Research Status: In Progress Copyrighted report licensed to RE/MAX 5 Star Realty /21/2018 Page 1

12 Trend Report Dollar Volume Legend: Current Survey Sold Transactions Time Interval Quarterly Number of Transactions Total Dollar Volume Total Bldg Square Feet Total Land in Acres Total Land in SF Average Price Average Number of SF Average Price Per Bldg SF Median Price Per SF Average Number of Acres Average Number of SF(Land) Average Price Per Unit Median Price Per Unit Average Number of Units Actual Cap Rate Report Time Frame: 1/1/2018 6/21/2018 Sold Transactions 2 $2,445,000 7, ,479 $1,222,500 3,555 $ $ ,239 Copyrighted report licensed to RE/MAX 5 Star Realty /21/2018 Page 2

13 Trend Report Number of Transactions Total Dollar Volume Total Bldg Square Feet Total Land in Acres Total Land in SF Average Price Average Number of SF Average Price Per Bldg SF Median Price Per SF Average Number of Acres Average Number of SF(Land) Average Price Per Unit Median Price Per Unit Average Number of Units Actual Cap Rate 1Q18 01/13/31/18 Sold Transaction 1 $1,650,000 5, ,408 $1,650,000 5,000 $ $ ,408 2Q18 04/16/21/18 Sold Transaction 1 $795,000 2, ,071 $795,000 2,109 $ $ ,071 Copyrighted report licensed to RE/MAX 5 Star Realty /21/2018 Page 3