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Business for Sale Summary

Auto Repairs - 37683

Business Type: auto repair,automotive dealers/ auto retail,owner financing available,auto/truck mechanical repair
Auto Repairs
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This business has received 13 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $300,000 Down Payment $150,000
Gross Revenues $350,000 Lease Remaining Register Free to View
Owner’s Cash Flow $100,000 Number of FT Employees Register Free to View

Financing

$150,000 Down and 150,000 FOR 5 YEARS @ 8%

Business Description

Auto Repair Shop for Sale, Nassau County, NY.

In business 40 plus years, clean, organized, well-equipped shop with four bays, two lifts, and private parking for 20 plus cars. Well-stocked inventory lots of equipment  and experienced mechanics in place. Owner is almost 80 & retiring, keeps limited hours, closed weekends. Big upside by expanding hours and adding a New York State Inspection license. Last year's gross around three hundred and fifty thousand, over one hundred thousand net. Rent thirty-six hundred per month. Price three hundred thousand, one hundred and fifty thousand down, seller note for five years at 8 percent.

Contact Broker Jim Aloi, 631-375-4100 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.

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