Established, Profitable Auto Repair Shop, Nassau County
Established, Profitable Auto Repair Shop, Nassau County
Price: $350,000
Location: Nassau County, NY
Industry: Automotive Repair and Maintenance
Listing ID: RaptID5577
Are you presently working in the auto repair business and tired of making money for your boss? This is an exceptional opportunity to acquire a profitable auto repair shop, centrally located in Nassau County for a low-down payment! This business has been priced considering the buyer's ability to pay the rent (mortgage), operating expenses and show a net profit, with a reasonable investment. The seller is willing to provide financing at an attractive rate and terms to a qualified buyer. This business is established with a loyal customer base & experienced staff, assuring even a new operator financial success.
We are the exclusive agents for this fully equipped and legally licensed four (4) bay auto repair facility that has been operated by the same ownership since inception in 1975. The shop is located in a great location on a busily trafficked street, with easy ingress/egress.
Total Sales: $775,000
Cash Flow: $150,000
FFE Included: Yes
FFE: $75,000
Reason For Sale:
Owner has reached retirement age.
Training & Support:
Seller will provide sufficient support transition of business to buyer.
Year Established: 1975
Employees: 4
Monthly Rent: $7,000
Type of Location: Leased
Square Footage: 2,400 sq.ft.
Facilities Information:
Fully equipped 4-Bay shop and office. Leasehold was originally a gas station and has familiar layout, includes a free-standing 2,400 square foot building on a 110,000 square foot plot. Owner just signed (August 2019) new lease for 5 year term, with 3 year option.
Competition:
There are several shops in the area, but seller has an excellent reputation a large base of loyal returning customers.
Financing/Terms:
Seller will provide financing to qualified buyer.
For more information on this listing, please complete our Non-Disclosure Agreement
