Auto Repairs Business for sale - 28666

Islip, NY (Suffolk County)

Seller Financing Available
Auto Repairs Business for sale - 28666

Asking Price:$200,000

Cash Flow:$132,000

Gross Revenue:$350,000

EBITDA:N/A

FF&E:$100,000

Inventory:$25,000*

Established:N/A

*not included in asking price.

Auto Repairs Business for sale - 28666

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Business Description

Long Established Auto Center and repairs with Used car permit. Seller rents a few bays and also rents transmission shop and car lot to tenants, as well as, three rooms upstairs. The rent-roll is $1711.00 for rooms, $2500 to dealer, $2500 to transmission shop, and $1500 one separate bay. Buyer who seeks to run and operate car lot is good. Leases can be broken with 90 days notices. This is a large hi income business with a healthy rent roll. Seller only runs 2 bays himself. Real estate is available from PMTG Realty for a additional $995,000 real estate, taxes are $50,000 yearly . Over size property busy location rent roll may pay mortgage depending on down payment. Seller collects $144,000 yearly rental income. Contact broker Jim Aloi for appointment. Price $200,000 with $100,000 down plus Real estate

Detailed Information

Inventory:
Not included in asking price
Employees:
1FT 3 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
100,000.00 Down & 100,000 FOR 5 YEARS @6%
Business Website:
http://www.vestedbb.com

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Vested Business Brokers, Ltd

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Vested Business Brokers, Ltd

Vested Business Brokers, Ltd

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