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Financing: $150,000.00 Down and $25K over 2 yrs. @ 6% Reason for Selling:Owns another business. Huge Auto Repair on major roadway. This is a spacious 10,000 sq. ft. shop with 6 bays. They have 3 lifts and 3 open bays.
The sale price includes 2 compressors, a tire balance & mounting machine, an inspection machine, an alignment machine, a SnapOn scanner, and more.
They also do some light body work and have a dealer license to sell used cars. They are signed up with CarFax.
In the past year the business grossed approx. $360,000.00 with a cash flow of approx. $100,000.
There are 6.5 yrs. left on the lease and it can be extended for at least another 5 yrs. for a qualified tenant.
The rent is $5k/mth with 3% annual increases. We are seeking a serious and qualified buyer with at least $150K in liquid funds and some auto repair experience.
If you meet the criteria, please call 1-877-735-5224.
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. |
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Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller. |
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1(877) 735-5224 | 24 Woodbine Ave, Suite #204 Northport, NY 11768 | vestedbb.com |
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