20 Year Old Transmission Repair Shop For Sale In Queens, NY
| Asking Price: | $350,000 |
| Gross Revenue: | $604,000 |
| Cash Flow: | $313,000 |
| Rent: | $96,000/Year |
HS Listing ID-64295
Has been in business since 2005. 20 Years.
Located in Queens, NY.
5,000 sq ft shop with 600 sq ft of unused space to expand operations.
Does transmission rebuilds general auto repair.
Projected to do $600k in 2024.
They have 4 employees. 3 mechanics and 1 manager.
1 main bay with 6 lifts. .
NYS Inspection machine, but they do not handle many inspections at the moment. Opportunity to expand this side of the business.
No ground lifts.
One 4 post heavy duty lift can be turned into an alignment machine.
Has a contract a warranty company that sends work to them – about $100k a year in sales from the warranty company.
Busy all year long.
$120k in inventory comes with the business.
Owner will stay on for a transition period to ensure a smooth transition.
Some seller financing is available.
Reason for the sale: Owner is retiring.
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
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