Financing: $1,500,000.00 Down and $700k @8% for 60 months
Reason for Selling:Semi retiring
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.
In addition, please register with the listing number above by going to vestedbb.com, enter this number into the search bar, expand the listing, click on "view free financials", fill out the short contact form and you are registered. This is our electronic non-disclosure agreement.
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.
