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Business for Sale Summary

Auto Repair Shop - 29439

Business Type: auto/truck mechanical repair,best deals!,new to market,seller financing available,auto repair
Owner Financing
Auto Repair Shop
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Financial Information (non-confidential)

General Information
Asking Price $250,000 Down Payment $150,000
Gross Revenues $450,000 Lease Remaining Register Free to View
Owner’s Cash Flow $85,000 Number of FT Employees Register Free to View

Financing

$150,000 Down and $100,000 for 5 years at 6%

Business Description

Suffolk Auto & truck repair shop established 30 years. 10 car shop with 6 lifts, one large office waiting area, side yard for 10 cars back yard are for 60 cars front area for 8 cars,2nd level with 3 finished rooms including full bathroom with shower. This shop comes with several pieces of equipment including NYS Inspection machine.Great location good exposure. Great for car, bus, heavy truck 18 wheeler, or limo repairs. Also includes stock parts, waste oil heater and to many extras to list.seller is no longer motivated he is also the landlord. Rent for everything with cam and taxes believe it or not only $5000 with taxes. New 10 year lease with a possible 5-year option available. Fabulous location for major franchise auto repair shop or large towing company truck repairs or any type of repairs. Price includes all equipment new lease, seller training, and customer list. $150k down buys you a lot. Come grow this fantastic business. Rent $4000 per month taxes and cam for shop and yards only $1000 tax per month for everything Under market rent... Seller does only 20 percent hands-on repairs.

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.