This well organized auto business has been established for 15 years. The seller is the landlord and this business has an area to sell 40 cars. It also has an NYS inspection and repair shop license. The seller rents car lots on a month to month basis and uses the rent from the car lot plus adds the difference to pay himself rent. Seller if offering a new 10 year lease, with a five year option. Seller runs the repair shop alone and works very short hours, making this an incredibly profitable opportunity. If the new owner adds 1-2 or more mechanics, the business could probably triple what it makes now. Sale includes name, inventory, equipment and current sellers support. Note that this lot is on a corner locatiin, so has great exposure. Buyer can sell and repair cars, as well as offer parking. Rent is $8k a month but landlord will pay real estate taxes which are about $2k per month. This is a very clean and easy to run operation. The business has a very loyal client base and is a solid investment. Great shop for limo, truck, or ambulance business as well. This would also make a great auto accessory business. Triple A seller and the landlord is very easygoing. Please don’t delay, this won’t last long!
- Asking Price:
- $250,000 Inventory / Stock included
- Sales Revenue:
- $400,000
- Cash Flow:
- $150,000
Business Operation
- Reasons for selling:
-
Retirement
- Employees:
- 1 FT
- Years established:
- 15
Other Information
- Support & training:
-
Seller will train
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
150,000.00 Down & balance of $100,000 for 5 years @ 7%
- Furniture / Fixtures value:
- $125,000
- Inventory / Stock value:
- $3,000 - included in the asking price