Listing Number: 11421-148425
Description
Every once in a while, a truly rare opportunity becomes available for sale to a qualified Buyer who is seeking an auto service business with exceptionally high sales and profits. This high-end, Central New York independent import and domestic auto repair specialist exceeds new car dealer standards for customer service along with a 4.9 star Google review score to back it up . The Business generated an excellent cash flow of $400,000 to $450,000 year after year affording an active owner/operator outstanding cash flow.
The Business is well established with over forty (40) years of goodwill and loyal clientele. Located in a desirable community in the Upstate NY area, the Business has built an excellent reputation for providing cost-effective, personalized service as an alternative to the expensive car dealerships and chain operations. The business generates twice the profit of similar sized auto shops. 3200 square foot three bay shop comes complete with the state-of-the-art equipment required to run a first class auto repair and tire center, including diagnostics, engine performance, brakes, tires, oil change, steering and suspension, starting and charging, hybrid service, heating and cooling, and a certified NYS Inspection provider.
Experienced, highly trained technicians will support an entrepreneurial new owner who wishes to further grow the Business. The Seller works full time and has staff of highly motivated employees who can handle all aspects of day-to-day operations. The Seller will provide extensive training and support during the transition period to ensure the success of the Buyer and potentially stay for up to a year.
The Business qualifies for 90% Bank/SBA financing. The Real Estate is available for purchase on a separate agreement.
With a great reputation for quality, convenience and trusted service, this Business offers a Buyer a unique opportunity to control your own destiny and realize your dreams of owning a respected business in a desirable community.
Listing Details
- Price: $ 800,000
- Down Payment: $100,000
- Sellers Discretionary Earnings: $ 425,000
- Total Sales: $ 1,195,045
- Location: Onondaga County, New York
- Inventory: $ 10,000
- FF&E: $ 100,000
- Employees: 4
- Reason for Selling: Retiring
- Category: Automotive
