6 Bay Auto Center for Sale in New York

Suffolk County, NY

Seller Financing Available

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Asking Price:$845,000
Gross Revenue:$1,142,347
FF&E:$150,000
Cash Flow:$350,000
Inventory:$20,000
Established Year:1986
BUSINESS DESCRIPTION

LISTING ID # 36063

Money Maker: Full-Service 6-Bay Auto Service Center with Below-Market Rent! This shop has been established for 36 years, and the seller is retiring. The landlord may be open to renting the buyer more space or an additional 2 bays, but those terms need to be negotiated with the landlord. This center offers wheel alignment, NYS inspection, and full-service repairs for both domestic and foreign cars and trucks. Additionally, the shop has ample space to store over 35 cars in the inside yard and front area. The buyer even has the opportunity to obtain a dealer license and sell cars. Located in a very busy area with high traffic and excellent frontage visibility, this shop is in a desirable and affluent location. The sale includes all equipment and inventory with a combined value exceeding $170,000. A full staff is already in place, and the seller is willing to stay on for a smooth transition, even for a salary. Furthermore, this shop boasts A.S.E. certified mechanics and four-wheel drive specialists.


DETAILED INFORMATION
Location
Suffolk County, NY
Inventory
Included in asking price
Employees
5
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Financing
400,000.00 Down & 445,000 for 5 years @ 8%
Support & Training
Seller will train
Reason for Selling
Retirement
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Vested
Business Brokers, Ltd
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Vested Business Brokers, Ltd