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Business for Sale Summary

Auto Repair Shop for Sale in Suffolk County, NY - 29439

Business Type: auto/truck mechanical repair,seller financing available,auto repair
Owner Financing
Auto Repair Shop for Sale in Suffolk County, NY
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Financial Information (non-confidential)

General Information
Asking Price $250,000 Down Payment $150,000
Gross Revenues $450,000 Lease Remaining Register Free to View
Owner’s Cash Flow $85,000 Number of FT Employees Register Free to View


$150,000 Down and $100,000 for 5 years at 6%

Business Description

Suffolk auto and truck repair shop, established 30 years. This ten-car shop has six lifts, one large office waiting area, side yard for 10 cars, backyard for 60 cars, front area for eight cars, and second level with three finished rooms, including full bathroom with shower. This shop comes with several pieces of equipment, including NYS Inspection machine. Great location good exposure. Great for car, bus, heavy truck, 18-wheeler, or limo repairs. Also includes stock parts, waste oil heater, and too many extras to list. Seller is no longer motivated. He is also the landlord. Rent for everything with cam and taxes is, believe it or not, only $5000 (with taxes). New 10-year lease with possible 5-year option available. Fabulous location for major franchise, auto repair shop, large towing company, truck repairs, or any other repair business. Price includes all equipment- new lease, seller training and customer list. Just $150k down buys you a lot. Come grow this fantastic business. Rent is $4000 per month. Taxes and cam for shop and yards is only $1000 per month, for everything. Under market rent. Seller does only 20% of hands-on repairs. Call today 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.