Financing

$199,000 Down and None.

Business Description

ESTABLISHED AUTO REPAIR BUSINESS — A LOCATION | 3 BAYS | 3 LIFTS | 14 YEARS REMAINING ON LEASE

Rare opportunity to acquire an established automotive repair facility with significant upside and multiple potential revenue streams. The business has been successfully operating for 15 years and occupies a highly visible corner location on a busy roadway, offering excellent exposure and the ability to display and sell up to 40 vehicles.

The owner is being forced to sell due to health reasons. While the business remains open, it is currently operating approximately at break-even because of the owner’s limited ability to operate the business. A hands-on, experienced automotive operator has an opportunity to substantially improve performance by re-energizing the operation, expanding services and utilizing the facility to its full potential.

WHY THIS OPPORTUNITY STANDS OUT

• 15 years established with a loyal customer base
• A high-visibility corner location on a busy roadway
• 3 service bays
• 3 automotive lifts
• Space to display and sell up to 40 vehicles
• NYS inspection and repair shop licenses
• 14 years remaining on the lease — 4 5 5
• Basement and dedicated office space
• Business name, inventory and equipment included
• Seller willing to provide transitional support
• Landlord will provide a first right of refusal on the property and is willing to discuss a property sale with a well-qualified buyer

FULLY EQUIPPED AUTOMOTIVE FACILITY

The sale includes substantial equipment, including:

• NYS inspection machine
• New tire machine
• Tire balancing machine
• 2 compressors
• 2-ton press
• Welding equipment
• 3 lifts
• Additional automotive repair equipment and inventory

It would cost well over $350,000 to build and equip a comparable facility from the ground up today, making this an opportunity to acquire an existing automotive location, infrastructure, equipment and established customer base without the time and expense of starting from scratch.

SIGNIFICANT EXPANSION POTENTIAL

The current operation is not utilizing the property's full potential. An experienced automotive entrepreneur could potentially expand revenue through:

• Used auto sales — add a dealer license or bring an existing dealer operation to the location
• Expanded mechanical and diagnostic services
• Tire sales and service
• Fleet and commercial vehicle accounts
• Limo and specialty vehicle service
• Truck and ambulance repair
• Auto accessories and related automotive services
• Potential parking/storage-related uses, subject to applicable approvals

The combination of repair facilities, vehicle display capacity, excellent visibility and a long-term lease creates multiple avenues for an experienced operator to grow the business.

IDEAL BUYER

This opportunity is particularly well suited for a qualified mechanic, experienced auto repair shop owner, dealer, or entrepreneur currently operating one or multiple automotive locations who can take advantage of the facility's existing infrastructure and significant unused capacity.

QUALIFIED BUYERS ONLY

Minimum $199,000 in liquid funds required.

Proof of funds will be required before any meeting or conference call with ownership.

This is a confidential sale. Please do not contact employees, staff, management, customers, or anyone at the business regarding the sale.

All meetings are strictly by appointment only.

For additional information or to determine if you qualify for this opportunity:

Mel Vaz
631-767-0157
melvaz@vestedbb.com

In addition, please register with the listing number above by going to vestedbb.com, enter this number into the search bar, expand the listing, click on “view free financials”, fill out the short contact form and you are registered. This is our electronic non-disclosure agreement.

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.