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Business for Sale Summary

4,000 sq. ft Auto Repair Shop incl. Inspec. Machi - 29460

Business Type: auto body/collision repair,best deals!,new to market,auto repair
4,000 sq. ft Auto Repair Shop  incl. Inspec. Machi
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Financial Information (non-confidential)

General Information
Asking Price $99,000 Down Payment $99,000
Gross Revenues $184,332 Lease Remaining Register Free to View
Owner’s Cash Flow $80,506 Number of FT Employees Register Free to View

Financing

$99,000 Down and None.

Business Description

4,000 sq. ft. Auto Repair in the center of Suffolk County. The location offers easy access to the LIE and Sunrise Highway. The current owner has been here for 30 years. He has downsized over recent years as he taken on another job. The shop is 4,000 sq. ft. with a rent of only $2,500/mth. There are 3 years left on the lease, but the landlord will give a new 10 year lease. The low price includes 3 lifts, a regular inspection machine and a diesel inspection machine, brake lathes, welding equip., 2 smoke machines, a dealer license, salvage pool license, inspection license, an active customer list of over 500 names and more.... They also do some light body work. In the past year the business grossed approx. $200,000.00 with a cash flow of approx. $80,506.00. The are only open 8am-6pm M-F and Sat. 8am-1pm. We are seeking a serious and qualified buyer with at least $99K in liquid funds and some auto repair experience. To learn more, please call or email Mel Vaz today at 1 (877) 735-5224.. ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT MENTION THE SALE WHEN VISITING THE LOCATION..

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.