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Financing: $375,000.00 Down and None. Reason for Selling:Retirement 6 bay – 3,600 sq ft auto repair shop. Established for 38 years with the same owner.
The rent is only $1,450/mth! Inspection Machine included in the sale price. Over 2,000 inspections alone in the past year. The owner is finally ready to retire.
This is a great local community and industrial park with excellent parking. The shop has 2 garage doors, each 3 bays deep, with 3 total lifts.
The shop has very high ceilings; high enough to support heavy duty truck repair.
All furniture, fixtures and equipment are included, except for some personal tools.
A new owner with energy and vision can realize some great upside growth.
In the past year the business grossed approx. $500,000.00 with an owner’s cash flow of approx. $200,000.00.
The landlord is willing to sign a new long-term lease for a qualified buyer.
This business would be ideal for a family operation. Auto repair experience is a must.
Proof of funds for at least $275K will be requested prior to meeting with the owner. All site visits must be discreet.
Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only!
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. |
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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 |