Truck & Auto Repair Shop - NY 30926

Not Disclosed, NY
Orange County

Asking Price: Annual Revenue:
$399,000 $2,500,000

Automotive & Boats: Auto & Truck Repair & Service

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RE: Truck & Auto Repair Shop - NY 30926 Broker: Jay Goldman

Quick Facts

Asking Price: $399,000
Annual Revenue: $2,500,000
Net Profit: Not Disclosed
Cash Flow: $1,000,000
Total Debt: Not Disclosed
FF&E: $312,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 12
BBN Listing #: 99274447
Broker Reference #: 30926

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Business Overview:

This Major Truck & Auto Repair Shop, strategically located on a large corner lot in Dutchess County, NY, recently re-opened after having been closed for a couple of years, due to some legal problems the owner had, but which have now been resolved as far as this business is concerned. The Shop is up and running with four full-time and eight part-time employees. In the nine months it was opened in 2016, its gross revenues were in the range of $2.5M, from which the owner pocketed about $1M. He did much better than that in 2015. Due to his continuing, but unrelated legal problems, he is now forced to sell this business for just a tad more than the estimated value of the furniture, fixtures, and equipment: $312,000 (list available upon request). The building is 12,400 square feet, the repair area, 9,000 square feet, office area, 1,400 square feet, and parts area, 2,000 square feet. The paved and fenced parking areas in front and back of the building are, together, 32,237 square feet. The inventory, which is not included in the asking price, is comprised of fluids, tires, and vehicle parts. The seller is the landlord of the property and, in that capacity, is willing to offer purchasers either a right of first refusal for it, or an outright sale. The latter would include a brand new legal spray booth, valued at $135,000. This is the only piece of equipment not included in the sale of the business, alone. Please contact the listing broker, Jay Goldman, to make an appointment to meet with the seller. Kindly contact broker or email us for further information.

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Reason for Selling:

Personal legal issues.

Additional Details:

  • The property is owned.
  • The owner is not 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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