Auto & Truck Repair Business for Sale in NY - 36238 Business Type: auto repair,automotive dealers/ auto retail,owner financing available,auto/truck mechanical repair
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Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $350,000 | Down Payment | $250,000 |
| Gross Revenues | $600,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $175,000 | Number of FT Employees | Register Free to View |
Financing
$250,000 Down and 100,000 for 5 years @ 8%
Business Description
Auto & some light truck repairs shop has been established and owned for 12 years.
The facility includes 3 bays, an office, a stock area, and a parking lot for 50 cars.
The rent is very reasonable, and the seller currently works alone. A buyer could easily add one or two more mechanics to increase both gross and net revenue.
The seller currently grosses over $600,000 and nets close to 30% profit.
In addition, the seller collects an extra $1,300 monthly from parking rent, effectively reducing the overall rent cost.
Buyers could also consider adding New York State inspections to further increase revenue.
For inquiries, contact Broker Jim Aloi at 631-375-4100.
The seller is willing to continue working for a salary, and this shop can easily help the new owner net over $200,000.
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.
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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