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Business for Sale Summary

Major Truck & Auto Repair Shop in Dutchess Co., NY - 30926

Business Type: auto repair,auto body/collision repair,assets only sale,best deals!,business with property available,must sell/drastic price reduction!,new to market,auto/truck mechanical repair
Major Truck & Auto Repair Shop in Dutchess Co., NY
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Financial Information (non-confidential)

General Information
Asking Price $399,000 Down Payment $399,000
Gross Revenues $2,500,000 Lease Remaining Register Free to View
Owner’s Cash Flow $1,000,000 Number of FT Employees Register Free to View

Financing

$399,000 Down and Please make your best down offer!

Business Description

This major truck and auto repair shop is located on a large corner lot in Dutchess County, NY- recently re-opened after having been closed for a little over a year, due to some legal problems the owner had. It is now up and running with four full-time and eight part-time employees. In the nine months it was opened in 2016, its gross revenues were in the range of $2.5M, from which the owner pocketed about $1M. He did much better than that in 2015. Due to his continuing legal problems, he is now forced to sell this business for just a tad more than the estimated value of the furniture, fixtures, and equipment: $312,000 (list available upon request). The building is 12,400 sq.ft., the repair area, 9,000 sq .ft., office area, 1,400 sq. ft., and parts area, 2,000 sq. ft. The paved and fenced parking areas in front and back of the building are, together, 32,237 sq. ft. The inventory, which is not included in the asking price, is comprised of fluids, tires and vehicle parts. The seller is the landlord of the property and, in that capacity, is willing to offer purchasers either a right of first refusal for it, or an outright sale. The latter would include a brand new legal spray booth, valued at $135K. This is the only piece of equipment not included in the sale of the business, alone. Please contact the listing broker, Jay Goldman, to make an appointment to meet with the seller. Please call 1-877-735-5224 for further information.

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. kg

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.