Services - Auto Repair, Parts & Svcs

Asking Price	$300,000	Inventory
Gross Income	$500,000	Real Estate
Cash Flow	$250,000	Year Established	1965
FF&E	$500,000*	Employees	5

* included in the asking price

** not included in the asking price

This 40 year old auto repair and parts business is a legend in its neighborhood. Located at a very busy intersection, it is fully equipped to service all of today's sophisticated cars and trucks and they also supply parts for the many do-it-yourself car owners from their on-premises parts store. They have 5 lifts, enabling simultaneous repair and service of numerous vehicles, and have 2 Hunter wheel alignment machines. Their state inspection licensing adds to the sum total of customers who use their services. This is a major opportunity to acquire one of the longest established auto repair businesses in New York City, and it will not be on the market long!

Facilities: This is an 8000 sq.ft. auto repair shop with an attached auto parts store. It has 5 lifts, two wheel alignment machines, plus all of the necessary equipment for repair and state inspection of motor vehicles. There is also space for auto body work. The property is owned by the current business owner, who will offer a long term lease to the buyer at a rental of $7000/mo.

Competition: This is a prime location, at a very busy intersection. The service station enjoys an excellent reputation, and has been at this location for 40 years. There is a considerable amount of repeat business, as well as a continuing supply of new customers based upon recommendations.

Growth/Expansion: There should be continuous growth based upon their wide customer support, and their long established reputation in the neighborhood as a reliable and dependable repair facility.

Financing: none

Support/Training: Seller will provide training if required.

Reason Selling: Retirement of owner.