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Auto Repair Shop

Location  New York,United States
Asking Price Range  < $250K
Gross Revenues  $640000
Net Profit / Cash Flow  $125940
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1986
Number of Employees  1 - 3
Relocatable  Not Disclosed
Number of Employees  1 - 3
Real Estate  Leased
Training  Seller will train.
Reason for Sale  Personal.

This nationally-known car repair franchise is located on one of the busiest roads on Long island. Its size is 20,000 sq.ft. Rent is $7500 a month, but a Rent-a-Car company pays $2,000 a month; four trucks are parked, which pay $2950 a month to the seller; so, the actual rent comes to only $2550 a month. It is a twent-five years old business; the business has a very loyal clientele. It is a 100% absentee owner business, because the seller owns many many businesses. A new buyer does not have to be a certified mechanic. The seller's net cash flow, after deducting all the expenses, is $10,000 a month. The cash flow is verifiable, through the invoices, which speak of themselves. The seller is selling his business just over one time net earning a year, which is extremely reasonable agaist the asking price. The business is at a great locatio: one of the most afflluent neighborhoods, in Long Island. Call Syed at 631-374-7686 for more information and address. The seller does not want to entertain a buyer who does not show a proof of funds.

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