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This Business has been Sold!
Closing Date: 09/13/2019
Business for Sale Summary

Auto Repair - 32248

Business Type: auto/truck mechanical repair,automotive dealers/ auto retail,gasoline service station,must sell/drastic price reduction!,auto repair
Sold
Auto Repair
On September 13th 2019, The Undersigned
Acted as the Advisor to the Deal
Robert Accetta
Robert Accetta Senior Broker
Servicing: Middlesex County, MA
Essex County, MA
Suffolk County, MA
Norfolk County, MA
All of MA
Hillsborough County, NH
Merrimack County, NH
Rockingham County, NH
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 $125,000
Gross Revenues $473,400 Lease Remaining Register Free to View
Owner’s Cash Flow $169,000 Number of FT Employees Register Free to View

Financing

$125,000 Down and 24 months @ 6%

Business Description

Fantastic opportunity for a mechanic to own his own shop in this affluent community! Due to owner's family obligations being sold at a reduced price! Make back your investment in under 1 year! Exceptional investment! Very clean, well established (been auto repair shop for 30 years), and very reputable (has a 5 star reputation)! Provides complete car repair and service on most domestic and import models. Uses the same diagnostic equipment as dealerships. Has 2 lifts and 3 bays. Open M-F 7:30 to 4:30. Currently does no advertising or marketing. Revenue has been consistent and is documented on tax returns. Landlord is willing to sign to a longer term lease. Comes with all shop tools, 200 gallon tank with pump, air compressor, everything needed to take over day 1! Located on a very busy street in an affluent community to service high end cars! Make an offer because at this price this one won't last long! 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.