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Sale, Service & Installation of Auto Equipment Business for Sale

Nassau County, NY

Seller Financing Available
Sale, Service & Installation of Auto Equipment Business for Sale
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Asking Price: $250,000

Cash Flow: $148,000

Gross Revenue: $680,000

EBITDA: N/A

FF&E: $50,000

Inventory: $90,000

Rent: $2 /Month

Established: 1982

Sale, Service & Installation of Auto Equipment Business for Sale

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Business Description

This is an exceptional opportunity to acquire a profitable business that sells, installs and services auto equipment. This equipment is found in every automotive shop, including many residential garages. We are the exclusive agents for this full-service retailer that has been operated by the same ownership since inception in 1982. Ownership has reached retirement age and is willing to provide attractive financing to a qualified buyer.

The owners are car enthusiasts, who have installed this equipment in many of the commercial and residential auto facilities found in the NY metropolitan area; including, car dealerships, municipal garages, local service stations, and in residential garages. The company has sold and installed thousands this equipment in over 35 years, and is proud of its reputation in the industry.

The business is owned and operated by 2 owners, one who primarily focuses on sales & overall management, and the other who (with the help of a worker) focuses on installations. The business is ideally suited to be operated by a manager, working with an installer (mechanic) aided by a helper. The present owners are willing to remain to train the new owner for a reasonable period to transition the business and the present helper is willing to remain on staff.

Seller will provide attractive financing to a qualified buyer with as little as $100K down. Essentially the Buyer will be able to purchase the inventory to acquire the business!

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Detailed Information

Location:
Nassau County, NY
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
500
Lease Expiration:
N/A
Employees:
1
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Assets to be Acquired: • All equipment and tools necessary to service & install equipment. • All the assets required to operate business, including business accounts, trade names, website, domain names, telephone number, office furnishings, computers, etc. • Inventory (approximate value of $90,000) • 2004 Chevrolet Cube Van • 1993 GMC Platform Truck (with Crane) • 5,000 Lb. Propane Forklift truck
Competition:
Seller enjoys an excellent reputation which separates business from competition.
Growth & Expansion:
Seller has reached retirement age and believes more aggressive owner can increase sales, particularly intenet sales.
Financing:
Seller will provide attractive financing to qualified buyer.
Support & Training:
Seller will remain for sufficient time to transition business.
Reason for Selling:
Seller has reached retirement age
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(from currently available funds)
 
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Angelo A. Ferrara

Business Listed By:
Angelo Ferrara

Rapt Enterprises Inc.

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