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Business for Sale Summary

Repair Shop and Auto Dealership For Sale in NY - 36939

Business Type: automotive dealers/ auto retail,owner financing available,auto repair
Owner Financing
Repair Shop and Auto Dealership For Sale in NY
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Financial Information (non-confidential)

General Information
Asking Price $350,000 Down Payment $220,000
Gross Revenues $2,109,000 Lease Remaining Register Free to View
Owner’s Cash Flow $150,000 Number of FT Employees Register Free to View

Financing

$220,000 Down and $130,000 for a period of 36 months at 8%

Business Description

A car dealership and auto repair shop operate under one roof on a busy commercial road in Long Island. Together, these two businesses generate over $2 million in annual gross sales. The fully equipped repair shop features three bays, an alignment machine, an inspection machine, a tire changing machine, and additional professional-grade equipment. The spacious layout provides an ideal environment for the dealership to thrive, while the on-site repair shop gives the sales operation a competitive advantage by supporting vehicle preparation and maintenance. The seller owns the property and is offering seller financing, making this a flexible opportunity for qualified buyers. After covering all expenses, the business produces a net cash flow of approximately $150,000 per year. This is a rare chance to acquire two well-established and complementary automotive businesses in a high-traffic location. For more information, contact the Broker Syed at 631-374-7686.

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Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.