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Business for Sale Summary

Auto Repair Shop for Sale in Queens County, NY - 23976

Business Type: auto/truck mechanical repair,automotive dealers/ auto retail,misc. retail/non-classifiable,owner financing available,auto repair
Owner Financing
Auto Repair Shop for Sale in Queens County, NY
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Financial Information (non-confidential)

General Information
Asking Price $1,100,000 Down Payment $750,000
Gross Revenues $800,000 Lease Remaining Register Free to View
Owner’s Cash Flow $180,000 Number of FT Employees Register Free to View

Financing

$750,000 Down and 350,000 for 5 years @ 7 %

Business Description

This branded auto repair business is the best of its kind, offering a low-cost alternative to expensive auto repairs that restores damaged cars to new condition. Established for 20 years with a highly profitable and huge margin niche car care business, this is a golden opportunity that you can't afford to pass up! Labor is supplied by contracted (1099) technicians, and the business is rapidly growing due to new technology and a poor economy. The business has a high traffic website, as well as radio commercials that help drive new clients to the company. It is very simple to learn and the buyer does not need any automotive experience at all! Seller has a master location, as well as mobile service, making this one of the most scalable companies ever listed. With good marketing and sales skills, the buyer could operate and grow the business and open more locations throughout New York. For an additional $150,000, the seller's second location can also be purchased. All numbers are verifiable. This is an SEO optimized business description for a great opportunity that you can't afford to pass up. Call the broker for more details.

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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.