Established, Profitable Auto Repair Shop w/RE

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Profitable Long Established Business
Asking Price:
$1,200,000

Gross Revenue:
$644,500
Cash Flow:
$230,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$30,000
included in asking price

FF&E:
$100,000
included in asking price

Real Estate:
$700,000
included in asking price

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Business Description

Are you presently working in the auto repair business and tired of making money for your boss? This is an exceptional opportunity to acquire a profitable auto repair shop with real estate, centrally located in Nassau County for a low-down payment! This business has been priced considering the buyer's ability to pay the rent (mortgage), operating expenses and show a net profit, with a reasonable investment. The seller is willing to provide financing at an attractive rate and terms to a qualified buyer. This business is established with a loyal customer base & experienced staff, assuring even a new operator financial success.

We are the exclusive agents for this fully equipped and legally licensed five (5) bay auto repair facility that has been operated by the same ownership since inception in 1980. The shop is located in a great location on a busily trafficked street, with easy ingress/egress. Ownership takes pride in providing its customers vehicles quality care and the personal attention required for routine maintenance and unscheduled repairs.

The shop provides complete auto service for all foreign and domestic vehicles including:

• Brakes
• Shocks
• Oil Changes
• Air conditioning
• Inspections
• Transmissions
• Exhaust systems
• Wheel alignments
• Tune Ups, etc.

About the Business

Location:
Nassau County, New York
Year Established:
1980
Number of Employees:
3
Real Estate:
Owned
Building Sq. Ft.:
1,780
Facilities:
This is a fully equipped, five (5) Bay/lift, auto repair shop with RE. The property is approximately 9,062± square feet of land area (~90'X100'), containing a one-story on slab, single-tenant automotive repair building, comprising 1,783± square feet of above grade gross building area (According to Nassau County Public Records). The property is 100% owner occupied and operated as an auto body repair shop.

The building features:

• An air-conditioned customer greeting, order & waiting area.
• A five (5) bay shop with 5 lifts and 3 overhead doors (16 ft. ceilings)
• Gas Heating System
• A block building is constructed of 12-inch building block with a brick façade & a steel roof.
• Parking Lot with storage shed and ~15 parking spots.
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About the Sale

Reason For Selling:
Seller has reached retirement age.
Training/Support:
Seller will remain for a sufficient period of time to transition business to buyer.
Seller Financing:
Seller will provide financing to qualified buyer

Listing Info

ID:
1419915
Ad Detail Views:
1182

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  NDA Rapt 5572 (277 KB)
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Business Listed by

Angelo A. Ferrara

Rapt Enterprises Inc.

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