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Business for Sale

Auto Repair Shop for Sale in New York
Suffolk County, NY

Listing #36370

   
Financial Information (non-confidential)
Asking Price $750,000.00 Gross Revenues $2,000,000.00
Down Payment $500,000.00 Owner’s Cash Flow $700,000.00

Financing: $500,000.00 Down and 250,000 for 5 years @ 7%

Reason for Selling:Retiring

This highly profitable auto shop, specializing in transmission rebuilding and other services, is a rare find. Currently, the owner only oversees the business, with a fully trained and certified staff in place. The shop operates under a well-known brand with very low fees and features 4 service bays, 3 lifts, ample parking, a reception area with a counter, an office, and a parts/stock loft. Priced to sell below market value as the owner is looking to retire, this opportunity won’t last long. If a single buyer purchases the shop, $100k of the posted net should be allocated for a replacement salary, bringing the net income to $600k. Contact Broker Jim Aloi at 631-375-4100 for more information. The seller offers the buyer the first right of refusal to purchase the real estate. Operating five and a half days a week and located in a prime area, this shop is a mechanic's dream and a life changer!

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.
Jim Aloi
Senior Business Broker
631-375-4100
jaloi@vestedbb.com
Servicing Area:
Nassau County, NY
Suffolk County, NY
Kings County, NY
Bronx County, NY
Jim Aloi

Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller.

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