Full Service Auto Repair Center For Sale in NY - 35536 Business Type: auto repair,automotive dealers/ auto retail,owner financing available,auto/truck mechanical repair
Acted as the Advisor to the Deal
Suffolk County, NY
Kings County, NY
Bronx County, NY
Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $175,000 | Down Payment | $100,000 |
| Gross Revenues | $540,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $148,000 | Number of FT Employees | Register Free to View |
Financing
$100,000 Down and Balance for 5 years @ 7 percent.
Business Description
Fantastic opportunity to acquire a well-equipped automotive repair center with 5 bays, outside parking, and a nice office.
The shop has been established for 40 years and offers lots of room for growth.
The seller is 90% absentee and takes home over $12k per month, with a full staff in place.
The sale includes all equipment, including a truck and snow plow, and the seller is willing to hold a secure note up to $100k for the buyer.
The seller offers their full support and location is great. The lease is transferable with under market rent for 9 years.
Contact broker Jim Aloi at (631) 375-4100 to learn more about this listing.
Attention Business Owners:
We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.
Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.
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