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BUSINESSES FOR SALE

If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

Businesses For Sale   >>   New York Businesses For Sale Categories   >>   

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.
Description  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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