Established Auto Repair w/ Inspection Machine

Suffolk County, NY
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Asking Price:$375,000
Gross Revenue:$500,000
Established Year:1986
Cash Flow:$200,000
FF&E:$150,000
BUSINESS DESCRIPTION

LISTING ID # 35914

6 bay – 3,600 sq ft auto repair shop. Established for 38 years with the same owner. The rent is only $1,450/mth! Inspection Machine included in the sale price. Over 2,000 inspections alone in the past year. The owner is finally ready to retire. This is a great local community and industrial park with excellent parking. The shop has 2 garage doors, each 3 bays deep, with 3 total lifts. The shop has very high ceilings; high enough to support heavy duty truck repair. All furniture, fixtures and equipment are included, except for some personal tools. A new owner with energy and vision can realize some great upside growth. In the past year the business grossed approx. $500,000.00 with an owner’s cash flow of approx. $200,000.00. The landlord is willing to sign a new long-term lease for a qualified buyer. This business would be ideal for a family operation. Auto repair experience is a must. Proof of funds for at least $275K will be requested prior to meeting with the owner. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only!


DETAILED INFORMATION
Location
Suffolk County, NY
Inventory
Not Included in asking price
Employees
2
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
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