Auto Repair and Auto Sales - A Steal! - 28093

Suffolk County, NY
Suffolk County

Asking Price: Annual Revenue:
$190,000 $2,000,000

Automotive & Boats: Auto & Truck Repair & Service

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RE: Auto Repair and Auto Sales - A Steal! - 28093 Broker: Melvin L. Vaz

Quick Facts

Asking Price: $190,000
Annual Revenue: $2,000,000
Net Profit: Not Disclosed
Cash Flow: $207,467
Total Debt: Not Disclosed
FF&E: $150,000
Real Estate: Not Disclosed
Year Established: 1976
Employees: 3
BBN Listing #: 71374447
Broker Reference #: 28093

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Business Overview:

Auto Repair and Auto Sales - A Steal of a Deal! There are actually two businesses in one sale. First, we have a mechanical auto repair business known throughout Suffolk County for diesel repair. In fact, they have been established for over 40 years with a great reputation. The shop is approximately 3,000 square feet with 4 bays and 6 lifts (5 indoor and 1 outside). The mechanical repair side of the business alone grossed approximately $1mil in the past year. Secondly, we have the auto-sales part of the business. This is a licensed auto dealer averaging approximately 20 auto sales per month. Very few deals are financed and they do have a vehicle floor plan. Auto sales were approximately $1mil in the past year as well. The approximate net income for the business in the past year was $207,467.00. The current rent is $5,795/month (including taxes) for the 3,000 square feet shop and nearly 1 acre of property for auto sales and parking. The landlord will allow you to sublease part of that gated property for some extra income. Additionally, he is willing to offer a long term lease of 10 years or more and/or sell the property. We are seeking a serious and financially qualified buyer with at least $125,000 in liquid funds to cover the downpayment. All candidates must have some previous business experience, preferably in mechanical auto repair, auto sales or management. if you meet the criteria, please contact us.

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Reason for Selling:

Othe business interests.

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.

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