Branded Auto Repair Shop for Sale - 37307

Financing

$295,000 Down and 100,000 for 5 years 8%

Business Description

This branded auto repair shop has been established for over 50 years and is located in Suffolk County. The business operates out of a well-equipped facility featuring four bays and five lifts, with all equipment and inventory included in the sale. The landlord is offering a new 10-year lease with an additional 10-year option, providing long-term stability. The seller currently runs the shop approximately 80% absentee and nets about $140,000 annually after paying a full-time manager. A hands-on buyer has a clear opportunity to significantly increase net income by becoming more involved in day-to-day operations. This is an easy-to-operate shop with substantial upside potential and the ability to greatly improve current performance. The business provides full-service auto repairs, including wheel alignments and New York State inspections. For more information, contact broker Jim Aloi at 631-375-4100. The address will be supplied to premium members only upon proof of funds.

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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.