Profitable Auto Repair Shop with RE Optional
Profitable Auto Repair Shop with RE Optional
Price: $400,000
Location: Nassau County, NY
Industry: Motor Vehicle and Parts Dealers
Listing ID: Rapt5581
DESCRIPTION
We are the exclusive agents for this extremely clean, fully equipped two-bay auto repair shop with long-standing loyal, repeat customers. Ownership takes pride in the facility and his reputation as a business that treats its customers in an honest, fair manner. Customers rely on his recommended repairs and rarely question his service charges. The operator wishes to locate to a warmer climate, where he has other business interests.
The shop provides complete auto service for all foreign and & domestic vehicles including:Brakes, Shocks, Oil Changes, Air conditioning, NYS Inspections, Transmissions, Exhaust systems',Wheel alignments & Tune Ups.
The business is owned by the operator and the RE is owned by him and his partner (50/50). The business operator is willing to sell the RE with the business and the other partner has expressed a willingness to listen to offers for the property. The business operator suggests a price of $950,000 for business & RE($400K for business plus $550K for RE)
LISTING DETAILS
Total Sales: $650,000
Cash Flow: $170,000
FFE Included: Yes
FFE: $50,000
Reason For Sale:
Owner wishes to re-locate.
Training & Support:
Owner will remain on staff for reasonable period to transition business.
OPERATION
Year Established: 1998
Employees: 2
LOCATION
Type of Location: Owned
Square Footage: 2,400 sq.ft
Facilities Information:
Recently renovated two-bay auto repair shop/building, with attractive office and waiting area. This is a fully equipped, two(2) Bay/lift, auto repair shop with RE. The property is approximately 5,500± square feet of land area (~50'X110'), containing a one-story on slab, single-tenant automotive repair building. The property is 100% owner occupied and operated as an auto repair shop. The building features an air-conditioned customer greeting, order & waiting area, a two (2) bay shop with 2 lifts and 2 overhead doors (16 ft. ceilings) & recently resurfaced attractive block building.
SUMMARY
Financing/Terms:
Seller will consider providing financing to qualified buyer.
For more information on this listing, please complete our Non-Disclosure Agreement
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