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Established Auto & Truck Repair Business In New York For Sale

New York, US
Asking Price:
$350,000
Sales Revenue:
$600,000
Cash Flow:
$175,000

LISTING ID # 36238

Auto & some light truck repairs shop has been established and owned for 12 years. The facility includes 3 bays, an office, a stock area, and a parking lot for 50 cars. The rent is very reasonable, and the seller currently works alone. A buyer could easily add one or two more mechanics to increase both gross and net revenue. The seller currently grosses over $600,000 and nets close to 30% profit. In addition, the seller collects an extra $1,300 monthly from parking rent, effectively reducing the overall rent cost. Buyers could also consider adding New York State inspections to further increase revenue. For inquiries, contact Broker Jim Aloi. The seller is willing to continue working for a salary, and this shop can easily help the new owner net over $200,000.

Business Operation

Reasons for selling:

Other interests

Employees:
1 FT
Years established:
12

Other Information

Support & training:

Seller will train

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

250,000.00 Down & 100,000 for 5 years @ 8%

Furniture / Fixtures value:
$60,000