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This Business has been Sold!
Closing Date: 08/05/2024
Broker: Jim Aloi
Business for Sale Summary

Branded Auto Repair Shop in New York - 36245

Business Type: auto repair,automotive dealers/ auto retail,auto/truck mechanical repair
Sold
Branded Auto Repair Shop in New York
On August 5th 2024, The Undersigned
Acted as the Advisor to the Deal
Jim Aloi
Jim Aloi Senior Broker
Servicing: Nassau County, NY
Suffolk County, NY
Kings County, NY
Bronx County, NY
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.

Financial Information (non-confidential)

General Information
Asking Price $250,000 Down Payment $185,000
Gross Revenues $450,000 Lease Remaining Register Free to View
Owner’s Cash Flow $100,000 Number of FT Employees Register Free to View

Financing

$185,000 Down and 65,000 for 3 years @ 8%

Business Description

Fully operational auto repair center, branded and comprehensive in services. This facility boasts indoor and outdoor lifts, extensive storage containers, and a large, secured storage yard. Included in the sale are an office, stock room, and a substantial amount of inventory and equipment, such as a NYS Inspection machine. The current owner, who is completely absentee, nets $100K. A hands-on owner could significantly increase efficiency and potentially triple current gross and net figures. This is an outstanding opportunity at a prime, high-traffic location. Priced for a quick sale. Contact Broker Jim Aloi at 631-375-4100. Act fast to secure this exceptional business.

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.