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This Business has been Sold!
Closing Date: 07/19/2023
Broker: Jim Aloi
Business for Sale Summary

Auto Repair 5 bays - 35009

Business Type: auto repair,business with property available,owner financing available,auto/truck mechanical repair
Sold
Auto Repair 5 bays
On July 19th 2023, The Undersigned
Acted as the Advisor to the Deal
Jim Aloi
Jim Aloi Senior Broker
Servicing: Nassau County, NY
Suffolk County, NY
Kings County, NY
Bronx 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 $175,000 Down Payment $100,000
Gross Revenues $550,000 Lease Remaining Register Free to View
Owner’s Cash Flow $150,000 Number of FT Employees Register Free to View

Financing

$100,000 Down and $ 75,000 for 5 years@7%

Business Description

5 bay repair shop with NYS Inspection large storage yard rear bay is large enough for step vans. Seller is the landlord and will give favorable lease with first right of refusal to buy real estate with some better organizing this shop can greatly increase its present number .Priced to sell quickly seller wants to retire. Contact broker Jim Aloi Full service Auto repair Center!!!!!!!!!!!!!

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.