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Profitable Auto Repair Quick Lube Shop In Queens County For Sale

Queens County, New York, US
Asking Price:
$990,000
Sales Revenue:
$1,400,000
Cash Flow:
$350,000

Do not miss out on this fantastic opportunity! This is a highly profitable oil change business that will be a perfect addition to a company already in the business or an ideal acquisition for a skilled mechanic wanting to become their own boss. In business for over 30 years, this 4 Bay, 3 lift, 4500-square-foot shop includes a 1000-square-foot pit for easy under-car access as well as a large office area with private bathroom, a well-placed waiting area and a large viewing window. Customers can relax, watch tv and have coffee while their vehicles are catered to.

Rent is reasonably priced and there is a 15-year lease. This very busy auto repair shop is a one-stop service station for all of your car needs. With a wide array of services like oil and filter change to balancing and rotating tires, air condition repair, they have been the Go to spot for quick and professional service. All equipment is fully paid for and includes a tire balancing machine and a new AC Reclamation machine. The value of the equipment is estimated at $350,000.

Retiring owner will assist with training so there will be a smooth transition. Seller financing available. Owner is also willing to sell the building or remain the landlord. You must first make an appointment with broker, as the owner does not want anybody showing up unannounced.

Business Operation

Reasons for selling:

Retiring

Employees:
5FT/2PT
Years established:
1993

Other Information

Support & training:

Seller will train

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

780,000.00 Down & $210,000 at 7% for 36 months

Furniture / Fixtures value:
$350,000
Inventory / Stock value:
$15,000