What makes a garage easy to sell: bays, door height, lot size and road frontage
Buyers of repair buildings look at a short list: how many bays, how tall the doors are, room for lifts, parking, the lot and how the building faces the road. Know your numbers before anyone asks.
If this sounds like youYou know every corner of your building, but you've never looked at it the way a buyer would.
What you can do.
Measure and write it down
Bay count, door sizes, ceiling height, square feet, lot size and parking spots.
Fix the small stuff
Lights, doors, signs and the lot. First impressions count with buildings too.
Gather the records
Roof, heat, septic or sewer, tanks and any work you've done over the years.
What to watch for.
- Low doors or ceilings limit lifts and trucks. Say so up front rather than letting a buyer find it.
- Parking and room to stage cars matter almost as much as bays.
- A sign people can see from the road is part of the value.
Owner to owner, and it stays private.
Lotus looks at the building and the business together. Our own crew renovates the buildings we buy, so we can see past worn paint to what a building can be.
James StephensonLotus, Massachusetts and Connecticut
Quick answers.
How many bays does a buyer want?
It varies by buyer. Small shops sell too. What matters is that the building fits the work.
Should I renovate before I sell?
Usually just the basics. Big projects rarely pay back before a sale. Ask buyers what they'd change.
Thinking about what comes next for your shop or building?
Tell James a little about it. Only James reads it, and the conversation stays private. No pressure, no broker and no mailing list.