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Auto Repair Shop In New York For Sale

New York, US
Asking Price:
$750,000 Inventory / Stock included
Sales Revenue:
$2,000,000
Cash Flow:
$700,000

LISTING ID # 36370

This highly profitable auto shop, specializing in transmission rebuilding and other services, is a rare find. Currently, the owner only oversees the business, with a fully trained and certified staff in place. The shop operates under a well-known brand with very low fees and features 4 service bays, 3 lifts, ample parking, a reception area with a counter, an office, and a parts/stock loft. Priced to sell below market value as the owner is looking to retire, this opportunity won’t last long. If a single buyer purchases the shop, $100k of the posted net should be allocated for a replacement salary, bringing the net income to $600k. Contact Broker Jim Aloi for more information. The seller offers the buyer the first right of refusal to purchase the real estate. Operating five and a half days a week and located in a prime area, this shop is a mechanic's dream and a life changer!

Business Operation

Reasons for selling:

Retirement

Employees:
4 FT
Years established:
20

Other Information

Support & training:

Seller will train

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

500,000.00 Down & 250,000 for 5 years @ 7%

Furniture / Fixtures value:
$100,000
Inventory / Stock value:
$100,000 - included in the asking price