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Naussau County

  • Listing No.: 206-20654

  • Category: Auto

Asking Price $455,000
Down Payment $325,000
Gross Revenue $600,000
Total Adjusted Net Income $150,000
Equipment / Fixtures $80,000
Year Established 1982
General Location Naussau County
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You can own this General Automotive Repair shop which is over 40 years old, in a popular location with a reputation of paying attention to detail. Location is BEST in area on the County line of both Suffolk and Nassau with very high traffic flow and a huge gas station right next door which drives business in automatically. Owner willing to extensively train new owners as his parents starting this Icon in 1981 and has grown annually while working 20 hours per week.

Gross Revenue $600,000 Listed Price $455,000
Total Income $150,000 Down Payment $325,000
Base Rent $4,000 Square Feet 1500
Total Rent $4,900 Lease Expiration 03/2025
Rent Deposit Lease Options
Inventory $5,000 Leasehold Improvements $0
Equipment / Fixtures $80,000 Other Assets NYS Inspection Station License ($40,000 Value)
Full-Time Employees 4 Training Period 6 Months
Part-Time Employees 1 Special License Required NYS DMV Repair Shop/Inspection
Contract Staff Reason for Selling Relocating Family

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

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