Business Description

This very BUSY and extremely PROFITABLE auto and truck repair service center is for SALE. It specializes in foreign and domestic auto and truck mechanical repairs, including spring and brake jobs. Located on a busy main artery in Long Island's Suffolk County, this business has been operating in the same location for over 30 years. The 7000 S.F. facility is situated on 1.5 acres of land, which is also for sale directly by the owner. The business mix consists of 50% cars and 50% trucks. It services and repairs multiple trucking accounts, does a large amount of fleet repairs, and has many repeat customers. Most new business comes through word of mouth, as this company has established a solid reputation for honesty, integrity and excellent service. Some of the trucking accounts generate in excess of $100,000 of revenue each, and they consist of nationally known brands. The facilities include 5 bays, 3 of which are double deep bays to accommodate large trucks. This business also generates additional income, renting out parking space to several truck fleets. The size of the land allows a new owner to clear out additional land for this purpose as well as to expand the size of the facility. The $575,000 asking price includes approximately $200,000 worth of equipment, fixtures and inventory. For sale at less than 2 times the owners discretionary cash flow, this is truly a great deal with solid numbers and plenty of opportunities for the business to grow. The land is also available for sale by the owner for $2 million.