Full Service Truck & Auto Repair Facility for Sale. RE Included.

Nassau County, NY

Seller Financing Available
Full Service Truck & Auto Repair Facility for Sale. RE Included.

Asking Price:$2,250,000

Cash Flow:$300,000

Gross Revenue:$995,000

EBITDA:N/A

FF&E:$100,000

Inventory:$100,000

Real Estate:$1,400,000

Established:1957

Full Service Truck & Auto Repair Facility for Sale. RE Included.

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Business Description

Great opportunity for mechanic to acquire a full service truck & auto repair business that has been providing quality automotive repair services at the present location for nearly 60 years! The business has an excellent reputation with fleet operators as well as owners operating a single truck, such as landscapers, electricians, etc. Present ownership has health issues and the business needs a more involved, active owner operator to grow.

The business focuses on providing full truck repair services for all truck types, from minivans to heavy duty vehicles with gas or diesel engines . The shop is a one stop repair, maintenance and NYS certified inspection station. In addition to repair services, the business provides clientele with a detailed Preventative Maintenance Program, performing oil change, lubrication & tune-ups.

The business clientele includes fleet accounts, municipalities and retail trade (drive-ins). Ownership estimates that 60% of business is on account (with A/R accounts of 30 to 40 that are billed and collected) and 40% is retail (drive-ins). Municipalities are a major source of business, accounting for about 40% of sales. The firm deals with major municipal agencies in Nassau, Suffolk and New York City.

Owner will provide financing at 5% interest for 20 year term with reasonable down payment.to qualified buyer, at his discretion.

Attached Documents


Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building Sq. Ft.:
N/A
Employees:
4 Full Time
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Sale includes approximately 5,400 square foot building located on a major east west artery in Nassau County NY and four (4) in-ground lifts, one (1) alignment lift and all the equipment necessary to operate an auto and truck repair facility.
Competition:
Business is located in a prime location in central Nassau County, providing a competitive advantage.
Growth & Expansion:
Ownership has health issues and is a “passive” operator. Business would benefit from a more hands-on owner who would more aggressively pursue new fleet accounts. Retail trade could be increased by opening the business on Saturdays. An opportunity also exist to increase parts business over the internet.
Financing:
Seller will provide attractive financing to qualified buyer,
Support & Training:
Owner is willing to remain for reasonable period to assist in transition.
Reason for Selling:
Health forces sale. Owner ready to retire.

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Angelo A. Ferrara

Business Listed By:
Angelo A. Ferrara

Rapt Enterprises Inc.

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers.

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