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Business For Sale
TIRE & AUTO REPAIR BUSINESS FOR SALE
Attn:
Steven Schaefer
Suffolk County, NY, USA
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Listing Number: "10311 Schaefer"
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Listing
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Asking Price: |
$350,000
USD USA Dollars
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Business for Sale Industry: |
Auto & Mech: Retail
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Reason for Selling:
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owner is relocating |
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Year Established:
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1945 |
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# of Employees:
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3 Full Time / 1 Part Time |
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Yearly Revenues:
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$1,247,788 |
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Yearly Cash Flow:
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$119,591 |
Business for Sale Overview:
This well established absentee Tire and Auto Repair Business has been located on a main road, in a busy area of Eastern Suffolk County for 63 years. 70% of its business is tires. It is the only tire business around its area. It is currently run absentee. Current owner spend 1.5 days a week at the business. It has strong name recognition, a great reputation and a large clientele including wholesale accounts. Owner’s other business interests forces sale and creates this excellent opportunity for the right person. Grossing $1,148,000 absentee with a net of approximately $119,000 which an owner/ operator could immediately increase. Asking $350,000 with only $125,000 down which includes approximately $70,000 in current inventory. If you're looking for a simple well established business with upside potential, then this is a definite must see.
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