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Business for Sale Summary

Auto Repair Shop for Sale in New York - 36278

Business Type: auto body/collision repair,auto/truck mechanical repair,misc. service/non-classifiable,other personal services,repair services,auto repair
Auto Repair Shop for Sale in New York
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This business has received 22 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $120,000 Down Payment $120,000
Gross Revenues $275,000 Lease Remaining Register Free to View
Owner’s Cash Flow $85,000 Number of FT Employees Register Free to View

Financing

$120,000 Down and

Business Description

A 20-year-old repair shop, with a well-established clientele, is located in a crowded neighborhood of Long Island. The business also has a busy U-haul that generates commission on a monthly basis. The repair shop is also affiliated with a bank that provides interest-free loans to its customers for a limited time, allowing the clientele to cover expenses without delay. An inspection machine, along with all the necessary equipment, is also included in the asking price. It is an excellent opportunity for a certified mechanic to purchase it at a very reasonable asking price, along with the U-haul and loan facility. After paying all the expenses, the seller's net cash flow is over $85,000 a year. Call Syed Ahmed at 631-374-7686 for more information.

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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.