Auto & Truck Transmission Repair & Vehicle Service

Not Disclosed, NY
Queens County

Located on a highly trafficked road


Asking Price: Annual Revenue:
$200,000 $635,651

Automotive & Boats: Auto & Truck Repair & Service


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RE: Auto & Truck Transmission Repair & Vehicle Service Broker: Tony Torella
Owner Financing is Available!

Quick Facts

Asking Price: $200,000
Annual Revenue: $635,651
Net Profit: Not Disclosed
Cash Flow: $114,735
Total Debt: Not Disclosed
FF&E: $50,760
Real Estate: Not Disclosed
Year Established: 2003
Employees: 4
BBN Listing #: 901743099
Broker Reference #: BBN-194319081

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Business Overview:

This well-established and profitable business, which has been in continuous operation at the same location for 16 years, has been experiencing very impressive growth in the last 12 months.

The business has a solid base of corporate clients with fleets of vehicles that need to be continuously serviced. As such, they maintain valuable ongoing contracts with these corporate clients, many of them for quite a few years.

The demand for their services, which has always been consistent throughout the years, has recently been on an upswing, providing impressive growth in 2018 and 2019! When their 2018 fiscal year ends, on October 31, 2019, they expect to have achieved a revenue growth of 40%-50% over 2017.

In addition to the contract work from their corporate clients (School Bus companies, Media companies, etc.) they get work from other auto/truck repair shops, as well as walk-in customers. There is never a lull...they are constantly busy.

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Property Features and Assets:

They rent a 2,400 square feet shop, as well as a parking lot large enough to accommodate FOUR School Buses (approximately 1,800 square feet).

Market Competition and Expansion:

Competition is not a major concern. The business is constantly busy. They are never wanting for work. There is a significant demand for reliable and efficient services like those provided by this business. This demand comes from medium and small companies with fleets of vehicles that rely on immediate turn-around for their repair work. Quick and reliable service is an absolute necessity for these companies. And this business has always been able to provide it.

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Relevant Links:

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