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Business for Sale Summary

Auto Repair Shop for Sale in New York - 36170

Business Type: auto repair,automotive dealers/ auto retail,business with property available,auto/truck mechanical repair
Owner Financing
Auto Repair Shop for Sale in New York
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Financial Information (non-confidential)

General Information
Asking Price $250,000 Down Payment $150,000
Gross Revenues $600,000 Lease Remaining Register Free to View
Owner’s Cash Flow $150,000 Number of FT Employees Register Free to View

Financing

$150,000 Down and balance of $100k for 5 years @ 8%

Business Description

Fantastic Auto Repair Center featuring 2 bays indoors and 2 lifts outdoors, with one lift designed for trucks and the other for cars. Situated on a spacious 50-car front lot, offering high visibility on a main Route. The seller also rents a portion of the lot to a car dealer on a month-to-month basis. This prime location is ideal for car and truck rentals or sales, with potential for additional services such as plant sales, Christmas tree sales, car detailing, towing, window tinting, tire repairs, and more. Location is paramount for this business. The shop provides comprehensive mechanical repairs and NYS inspections. The New York State auto sales license will stay in place at the premises. The real estate is also available for purchase through PMTG Realty for an additional $875,000, with yearly real estate taxes of $20,000. The seller may consider selling the business separately at a higher price if the buyer does not wish to acquire the real estate. This location is perfect for a limo company, bus company, ambulance service, or black car service. Please note that the seller operates the business only from Monday to Friday, closing by 5 PM. However, there is substantial potential for increased cash flow by extending operating days and hours. Contact broker and agent Jim Aloi at 631-375-4100 for further details.

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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.