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Strategically Located Truck & Auto Repair Shop - 30926

Dutchess County, NY

Seller Financing Available
Strategically Located Truck & Auto Repair Shop  - 30926
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Asking Price: $399,000

Cash Flow: $1,000,000

Gross Revenue: $2,500,000


FF&E: $312,000

Inventory: $20,000*

Established: N/A

*not included in asking price.

Strategically Located Truck & Auto Repair Shop - 30926

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Business Description

This Major Truck & Auto Repair Shop, strategically located on a large corner lot in Dutchess County, NY, recently re-opened after having been closed for a couple of years, due to some legal problems the owner had, but which have now been resolved as far as this business is concerned. The Shop is up and running with four full-time and eight part-time employees. In the nine months it was opened in 2016, its gross revenues were in the range of $2.5M, from which the owner pocketed about $1M. He did much better than that in 2015. Due to his continuing, but unrelated legal problems, he is now forced to sell this business for just a tad more than the estimated value of the furniture, fixtures, and equipment: $312,000 (list available upon request). The building is 12,400 sq.ft., the repair area, 9,000 sq .ft., office area, 1,400 sq. ft., and parts area, 2,000 sq. ft. The paved and fenced parking areas in front and back of the building are, together, 32,237 sq. ft. The inventory, which is not included in the asking price, is comprised of fluids, tires, and vehicle parts. The seller is the landlord of the property and, in that capacity, is willing to offer purchasers either a right of first refusal for it, or an outright sale. The latter would include a brand new legal spray booth, valued at $135K. This is the only piece of equipment not included in the sale of the business, alone. Please contact the listing broker, Jay Goldman, to make an appointment to meet with the seller. Kindly call for further information.

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Detailed Information

Dutchess County, NY
Not included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
399,000.00 Down & Please make your best down offer!
Support & Training:
Reason for Selling:
Personal legal issues
Business Website:
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(from currently available funds)
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Vested Business Brokers, Ltd

Business Listed By:
Vested Business Brokers, Ltd

Vested Business Brokers, Ltd

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