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This Business has been Sold!
Closing Date: 03/27/2020
Broker: Jim Aloi
Business for Sale Summary

Auto Repair Shop in Suffolk County, NY - 26836

Business Type: auto/truck mechanical repair,repair services,business with property available,owner financing available,auto repair
Sold
Auto Repair Shop in Suffolk County, NY
On March 27th 2020, 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 $295,000 Down Payment $125,000
Gross Revenues $650,000 Lease Remaining Register Free to View
Owner’s Cash Flow $175,000 Number of FT Employees Register Free to View

Financing

$125,000 Down and $250,000 for 5 years @ 6% Building Property Available through seller with House rent income ( income house rental is 3100)

Business Description

Super busy location must see 5 bay full service auto & truck repair shop established 30 years! Available with or without income real estate available from Vested Reality Group rent income from house and apartment and double shop is about $180,000 yearly! Price of business and all equipment is $295,000 with $125,000 down Real estate was appraised at $1.6 total price if buyer wants real estate is $2.1 Best possible location with tremendous exposure this shop can easily keep between inside and out side 40 plus cars. This business has trained specialists to services auto and truck repairs, foreign and domestic, hybrid, tune ups, oil changes, batteries, shocks, brakes, tires, exhaust, heating and air conditioning, NYS inspections, transmission and drivetrain repair, replacement, and service. shop and a New H/D Alignment system as well as a stocked parts room, spacious service counter, and comfortable waiting. Contact broker Jim Aloi Great for Private or Franchise buyer!!!! This is a full New York state inspection shop. 3 more bays also available for transmission work at extra cost if wanted 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.