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Auto Repair Shop

Nassau County, New York

Asking Price: Gross: Cash Flow:
$325,000 $400,000 $150,000

Furniture and Fixtures Value:
$150,000 ( not included in the asking price)

Inventory Value:
$7,000 ( not included in the asking price)

Business Summary:
LISTING ID # 36210Established 25 years ago, this auto repair shop has recently undergone a complete remodel. The premises boast a spacious waiting room, a large private office, and ample outside parking, including a fenced-in back storage yard. Equipped with an outside lift and six additional lifts indoors, this thriving business is currently operated by a single individual but has vast potential for expansion by adding more mechanics. The seller is willing to remain on staff for one year at a negotiated salary. Additionally, a fully loaded 2020 2-car carrier flatbed with only 27,000 miles is available for purchase separately. It's important to note that the seller's verified income exceeds $100,000, with a total net of $150,000. Rent for the property is exceptionally low at $3,000 per month, well below market rates, thanks to a favorable lease agreement with a great landlord. The shop comes equipped with five lifts owned by the seller, along with various other equipment and an NYS Inspection machine. Please be aware that the sixth and seventh lifts are owned by the landlord. This versatile shop is suitable for a range of businesses, including car dealerships, towing companies, taxi firms, limousine services, and those specializing in window tinting and alarms. To fully appreciate its potential, interested parties are encouraged to schedule a viewing with Broker Jim Aloi at 631-375-4100. With additional features like an extra waiting room and a parts loft, this shop is a mechanic's dream and a highly profitable venture.In addition, please register with the listing number above by going to vestedbb.com, enter this number into the search bar, expand the listing, click on “view free financials”, fill out the short contact form and you are registered. This is our electronic non-disclosure agreement.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 [email protected] or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers. For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-36210 for instant access to this business information.

 
   
   
Year Business was Established: 1999
   
Number of Employees: 1 FT  
   
Owner willing to finance: Yes  
   
Owner willing to train: Seller will train  
   
Reason for selling: Retirement  
 

 

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