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Profitable Auto Repair Shop with RE Optional

AutomotiveFor Sale in NY

Financial & Assets Details

$770,000
$150,000
$2,000
Yes
2400+/-

About the Business

1998
2
$54,000
Yes

Business Description

Business Description
Profitable Business with Growth Potential

We are the exclusive agents for this extremely clean, fully equipped two-bay auto repair shop with long-standing loyal, repeat customers. Ownership takes pride in the facility and his reputation as a business that treats its customers in an honest, fair manner. Customers rely on his recommended repairs and rarely question his service charges. The operator wishes to locate to a warmer climate, where he has other business interests.

The shop provides complete auto service for all foreign and & domestic vehicles including:Brakes, Shocks, Oil Changes, Air conditioning, NYS Inspections, Transmissions, Exhaust systems',Wheel alignments & Tune Ups.

The business is owned by the operator and the RE is owned by him and his partner (50/50). The business operator is willing to sell the RE with the business and the other partner has expressed a willingness to listen to offers for the property. The business operator suggests a price of $885,000 for business & RE($350K for business plus $535K for the RE) and would provide financing at 6% interest for a 15 year term. Any offer which includes the RE would have to be presented to the operator's partner for approval.

Seller Financing

Seller will consider financing to qualified buyer.

Support & Training

Owner will remain on staff for reasonable period to transition business.

Reason for Selling:

Owner wishes to re-locate.

Listing ID: Rapt ID 5581

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