Auto Repair Shop for Sale in New York

Nassau County, NY

Seller Financing Available

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Asking Price:$250,000
Gross Revenue:$400,000
FF&E:$150,000
Cash Flow:$150,000
Inventory:$7,000
Established Year:1999
BUSINESS DESCRIPTION

Auto Repair Shop for Sale in New York

LISTING ID # 36210

Established 25 years ago, this auto repair shop has recently undergone a complete remodel. The premises boast a spacious waiting room, a large private office, and ample outside parking, including a fenced-in back storage yard. Equipped with an outside lift and six additional lifts indoors, this thriving business is currently operated by a single individual but has vast potential for expansion by adding more mechanics. Full time mechanic now just joined the team and the seller will also work for smooth transition for salary! The seller is willing to remain on staff for one year at a negotiated salary. Additionally, a fully loaded 2020 2-car carrier flatbed with only 27,000 miles is available for purchase separately. It's important to note that the seller's verified income exceeds $100,000, with a total net of $150,000. Rent for the property is exceptionally low at $3,000 per month, well below market rates, thanks to a favorable lease agreement with a great landlord. The shop comes equipped with five lifts owned by the seller, along with various other equipment and an NYS Inspection machine. Please be aware that the sixth and seventh lifts are owned by the landlord. This versatile shop is suitable for a range of businesses, including car dealerships, towing companies, taxi firms, limousine services, and those specializing in window tinting and alarms. To fully appreciate its potential, interested parties are encouraged to schedule a viewing with the broker. With additional features like an extra waiting room and a parts loft, this shop is a mechanic's dream and a highly profitable venture.


DETAILED INFORMATION
Location
Nassau County, NY
Inventory
Not Included in asking price
Employees
1
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Financing
150,000.00 Down & $100k for 5 years & 8%
Support & Training
Seller will train
Reason for Selling
Retirement
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Vested
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Vested Business Brokers, Ltd