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Business for Sale Summary

Truck & Auto Repair Spring Shop - 34715

Business Type: auto repair,business with property available,misc. service/non-classifiable,other business services,repair services,seller financing available,auto/truck mechanical repair
Owner Financing
Truck & Auto Repair Spring Shop
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Financial Information (non-confidential)

General Information
Asking Price $999,000 Down Payment $599,000
Gross Revenues $1,800,414 Lease Remaining Register Free to View
Owner’s Cash Flow $372,600 Number of FT Employees Register Free to View


$599,000 Down and $400K over negotiable terms for a well-qualified buyer with a PG.

Business Description

Truck & Auto Repair Spring Shop. SBA pre-qualified! One of the oldest spring shops, truck and car repair businesses in Nassau County, NY is for sale. The current owner of 40 years is ready to retire and is offering this opportunity to purchase his business. This is a high-volume shop with sales up 10% so far in 2023. This large facility is a NYS inspection site, repairs all trucks, maintains fleets, responsible for government contracts and has a large retail business as well as a profitable parts business. This is a wonderful opportunity to own a long-standing business in the vehicle repair industry. This business was SBA pre-qualified on the sell side. For a buyer to qualify they would need at least a 10% down payment, good credit, collateral and some auto or truck repair experience. The property is owned by the business operator and available for a long-term lease or for a purchase price of $2.5 million. Proof of funds will be requested before any buyer-seller calls or meetings. To learn more, please call, text, or email Mel Vaz today at 631-767-0157 or melvaz@vestedbb.com. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only! .

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.