Auto Repair Shop for Sale in New York - 36370 Business Type: auto repair,owner financing available,auto/truck mechanical repair
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Financial Information (non-confidential)
General Information | |||
---|---|---|---|
Asking Price | $750,000 | Down Payment | $500,000 |
Gross Revenues | $2,000,000 | Lease Remaining | Register Free to View |
Owner’s Cash Flow | $700,000 | Number of FT Employees | Register Free to View |
Financing
$500,000 Down and 250,000 for 5 years @ 7%
Business Description
This highly profitable auto shop, specializing in transmission rebuilding and other services, is a rare find.
Currently, the owner only oversees the business, with a fully trained and certified staff in place.
The shop operates under a well-known brand with very low fees and features 4 service bays, 3 lifts, ample parking, a reception area with a counter, an office, and a parts/stock loft.
Priced to sell below market value as the owner is looking to retire, this opportunity won’t last long.
If a single buyer purchases the shop, $100k of the posted net should be allocated for a replacement salary, bringing the net income to $600k.
Contact Broker Jim Aloi at 631-375-4100 for more information. The seller offers the buyer the first right of refusal to purchase the real estate.
Operating five and a half days a week and located in a prime area, this shop is a mechanic's dream and a life changer!
In addition, please register with the listing number above by going to vestedbb.com, enter this number into the search bar, expand the listing, click on “view free financials”, fill out the short contact form and you are registered. This is our electronic non-disclosure agreement.
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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.
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