1. Home
  2. Businesses for Sale
  3. New York
  4. Best Deals
This Business has been Sold!
Closing Date: 05/02/2016
Broker: Jim Aloi

Business for Sale Summary

Auto Repair - 24979

Business Type: auto repair,auto/truck mechanical repair,best deals!,new to market
Sold
Auto Repair
On May 2nd 2016, The Undersigned
Acted as the Advisor to the Deal
Jim Aloi
Jim Aloi Senior Broker
Servicing: Bronx County NY, Kings County NY, Nassau County NY, Suffolk 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 $125,000 Down Payment $90,000
Gross Revenues $500,000 Lease Remaining Register Free to View
Owner’s Cash Flow $110,000 Number of FT Employees Register Free to View

Financing

$90,000 Down and $35,000 for 3 years at 7%

Business Description

Auto repair Business with 35 year reputation and client list. This 3 bay shop is located on major route with great exposure locate in high income Suffolk location Seller has 6 years left on lease and his numbers may be understated. Seller is retiring after 37 years.This full service repair shop comes with a full non compete 6 year lease all stock and all equipment and seller will offer his support fantastic shop for mechanic.Seller only is opens 5 days per week and leaves by or before 6pm .Seller has 1 full time mechanic plus himself. Located on hi volume gas station with parking area for several cars. Gas pumps not included.This full service auto business has over 170 fleet cars it maintains besides in regular clients.Lots of room for growth priced to sell. Contact Broker Jim aloi Hurry!!!! All numbers can be proved to buyer!!!!

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.