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Business for Sale Summary

Established Automotive Repair Business for Sale in Suffolk County, NY - 37046

Business Type: auto repair,misc. service/non-classifiable,other business services,other personal services,owner financing available,repair services,auto/truck mechanical repair
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This business has received 67 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $115,000 Down Payment $75,000
Gross Revenues $700,000 Lease Remaining Register Free to View
Owner’s Cash Flow $175,000 Number of FT Employees Register Free to View

Financing

$75,000 Down and $40K tbd for experienced buyer

Business Description

Fantastic 3000 sf automotive shop great for full service auto repairs and transmissions!

Must see to appreciate reduced price $115,000 with $75,000 down

seller will hold a $40,000 secure note for experienced buyer. This business and phone number is established

Established for almost 2 decades! Great reviews, long lease, great landlord.

Note this shop must be relocated in 90 days, across the parking lot, same landlord. The new shop set up offers high ceilings, large new overhead door & fenced parking lot with street view storefront. The landlord will supply necessary auto permits and zoning to operate this type of shop.

Landlord will consider 2-3 months rent concession for move and is open for discussion with serious buyers.  

Seller will stay working for 90 days, as a paid consultant, to provide expertise, guidance, and continuity during the transition.

If you ever had a dream to own your own shop act fast price to sell

contact broker Jim Aloi at 631-375-4100.


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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.

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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