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Business for Sale Summary

Mega Auto Repair Business for Sale in Suffolk County, NY - Established 26 Years - 37433

Business Type: auto repair,automotive dealers/ auto retail,bank financeable,auto/truck mechanical repair
Mega Auto Repair Business for Sale in Suffolk County, NY - Established 26 Years
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This business has received 26 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $2,200,000 Down Payment $1,500,000
Gross Revenues $2,500,000 Lease Remaining Register Free to View
Owner’s Cash Flow $500,000 Number of FT Employees Register Free to View

Financing

$1,500,000 Down and $700k @8% for 60 months

Business Description

This Mega Auto Repair Shop, located in Suffolk County, NY, is an established auto repair business with a solid reputation built over 26 years of operation. This well-established business has a spacious 9,000 square feet facility that caters to a diverse clientele in need of automotive services.

With total revenues of $2,500,000 and an owner's discretionary cash flow of $500,000, this business offers a profitable opportunity for potential buyers. The asking price for this thriving auto repair shop is $2,200,000, with financing terms available: $700,000 for 5 years at an interest rate of 8 percent. A down payment of $1,500,000 is required to secure this investment.

As a full-service auto repair shop,this Auto Repair business provides a wide range of services, including automotive mechanical repairs and maintenance, catering to both cars and trucks. The business is well-positioned in the market, with an established customer base and excellent service offerings that contribute to its financial success.

This is a unique opportunity for a buyer looking to step into a profitable and reputable auto repair business. For more information about this listing, please contact broker Jim Aloi at 631-375-4100.

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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.