20 Year Old Transmission Repair Shop For Sale In Queens, NY

Queens, NY
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Asking Price:$350,000
Gross Revenue:$604,000
Cash Flow:$313,000
Rent:$96,000/Year
BUSINESS DESCRIPTION

HS Listing ID-64295

Has been in business since 2005. 20 Years.

Located in Queens, NY.

5,000 sq ft shop with 600 sq ft of unused space to expand operations.

Does transmission rebuilds general auto repair.

Projected to do $600k in 2024.

They have 4 employees. 3 mechanics and 1 manager.

1 main bay with 6 lifts. .

NYS Inspection machine, but they do not handle many inspections at the moment. Opportunity to expand this side of the business.

No ground lifts.

One 4 post heavy duty lift can be turned into an alignment machine.

Has a contract a warranty company that sends work to them – about $100k a year in sales from the warranty company.

Busy all year long.

$120k in inventory comes with the business.

Owner will stay on for a transition period to ensure a smooth transition.

Some seller financing is available.

Reason for the sale: Owner is retiring.

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION


DETAILED INFORMATION
Location
Queens, NY
Inventory
Not Included in asking price
Real Estate
Leased
Support & Training
Yes.
Reason for Selling
Other business interests.
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Jason
Green
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Jason Green