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Business for Sale Summary

New Auto Shop in Bronx County, NY - 30896

Business Type: service businesses,auto body/collision repair,auto/truck mechanical repair,auto repair
New Auto Shop in Bronx County, NY
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Financial Information (non-confidential)

General Information
Asking Price $350,000 Down Payment $175,000
Gross Revenues $540,000 Lease Remaining Register Free to View
Owner’s Cash Flow $150,000 Number of FT Employees Register Free to View

Financing

$175,000 Down and 12% year over 5 years

Business Description

Brand new auto repair and tire shop for sale in great location. The current owner has just started a $20,000 advertising camping to increase awareness of business. All equipment was purchased brand new, including $60,000 for wheel alignment machine. Inventory includes 500 brand new tires and 1100 used tires. Owner needs to sell because partner is no longer able to work, and his other businesses are too time-consuming. This is a perfect situation for a mechanic to take over and continue growth. Please contact the broker at 1-877-735-5224 for more 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.