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Business for Sale Summary

Established Auto Repair w/ Inspection Machine - 35914

Business Type: auto/truck mechanical repair,misc. service/non-classifiable,other business services,other personal services,repair services,auto repair
Established Auto Repair w/ Inspection Machine
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This business has received 78 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $275,000 Down Payment $275,000
Gross Revenues $500,000 Lease Remaining Register Free to View
Owner’s Cash Flow $200,000 Number of FT Employees Register Free to View

Financing

$275,000 Down and None.

Business Description

6 bay – 3,600 sq ft auto repair shop. Established for 38 years with the same owner. The rent is only $1,450/mth! Inspection Machine included in the sale price. The owner is finally ready to retire. This is a great local community and industrial park with excellent parking. The shop has 2 garage doors, each 3 bays deep, with 3 total lifts. The shop has very high ceilings; high enough to support heavy duty truck repair. All furniture, fixtures and equipment are included, except for some personal tools. A new owner with energy and vision can realize some great upside growth. In the past year the business grossed approx. $500,000.00 with an owner’s cash flow of approx. $200,000.00. The landlord is willing to sign a new long-term lease for a qualified buyer. This business would be ideal for a family operation. Auto repair experience is a must. To learn more, please call, text or email Mel Vaz today on 631-767-0157 or melvaz@vestedbb.com. Proof of funds for at least $275K will be requested prior to meeting with the owner. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only!

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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.