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Business for Sale Summary

6 Bay Auto Center for Sale in New York - 36063

Business Type: auto repair,automotive dealers/ auto retail,seller financing available,auto/truck mechanical repair
Owner Financing
6 Bay Auto Center for Sale in New York
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This business has received 28 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $975,000 Down Payment $500,000
Gross Revenues $1,142,347 Lease Remaining Register Free to View
Owner’s Cash Flow $350,000 Number of FT Employees Register Free to View

Financing

$500,000 Down and 475,000 for 5 years @ 8%

Business Description

Money Maker: Full-Service 6-Bay Auto Service Center with Below-Market Rent! This shop has been established for 36 years, and the seller is retiring. The landlord may be open to renting the buyer more space or an additional 2 bays, but those terms need to be negotiated with the landlord. This center offers wheel alignment, NYS inspection, and full-service repairs for both domestic and foreign cars and trucks. Additionally, the shop has ample space to store over 35 cars in the inside yard and front area. The buyer even has the opportunity to obtain a dealer license and sell cars. Located in a very busy area with high traffic and excellent frontage visibility, this shop is in a desirable and affluent location. The sale includes all equipment and inventory with a combined value exceeding $170,000. A full staff is already in place, and the seller is willing to stay on for a smooth transition, even for a salary. Furthermore, this shop boasts A.S.E. certified mechanics and four-wheel drive specialists. For more information or to schedule an appointment, please contact broker Jim Aloi at 631-375-4100.

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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.