Auto Repair/Quick Lube Shop in Queens County-33084

Not Disclosed, NY
Queens County


Asking Price: Annual Revenue:
$1,300,000 $1,400,000

Automotive & Boats: Auto & Truck Repair & Service


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RE: Auto Repair/Quick Lube Shop in Queens County-33084 Broker: Ross Lombardo
Owner Financing is Available!
$780,000.00 Down & $520,000 at 7% for 36 months.

Quick Facts

Asking Price: $1,300,000
Annual Revenue: $1,400,000
Net Profit: Not Disclosed
Cash Flow: $350,000
Total Debt: Not Disclosed
FF&E: $350,000
Real Estate: Not Disclosed
Year Established: 1990
Employees: 7
BBN Listing #: 4284447
Broker Reference #: 33084

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Business Overview:

Do Not miss out on this fantastic opportunity!This is a highly profitable oil change business that will be a perfect addition to a company already in the business or an ideal acquisition for a skilled mechanic wanting to become their own boss.In business for over 30 years, this 4 Bay, 3 lift, 4500 square foot shop includes a 1,000 square foot pit for easy under car access as well as a large office area with private bathroom and a well placed waiting area and large viewing window. Customers can relax, watch tv and have coffee while their vehicles are catered to. Rent is reasonably priced and there is a long 15 year lease. This very busy auto repair shop is a one stop service station for all of your car needs. With a wide array of services like oil and filter change to balancing and rotating tires, air condition repair, they have been the GO TO spot for quick and professional service. All equipment is fully paid for and includes a tire balancing machine and a new AC Reclamation machine. The value of the equipment is estimated at $350,000. Retiring owner will assist with training so there will be a smooth transition. Seller financing available. Owner is also willing to sell the building as well or remain as the landlord. Please contact Ross Lombardo to make an appointment to see the space. You MUST first make an appointment with broker, as the owner does not want anybody showing up unannounced.

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Reason for Selling:

Retiring

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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