High-Volume Nassau County Auto Repair Shop – NY
Business Description
High-Volume Nassau County Auto Repair Shop – NY
LISTING ID # 37758
High-Volume Nassau County Auto Repair Shop – Prime Location
Rare opportunity to acquire an extremely busy, highly profitable auto repair business in an affluent Nassau County location.
This long-established auto repair shop enjoys excellent frontage and tremendous exposure on a heavily traveled main road in a desirable, high-end area. The location has operated as an auto repair facility for approximately 40 years, with the current owner successfully operating the business for approximately 15 years.
The business is also an established New York State Motor Vehicle Inspection Station, providing an additional source of steady customer traffic and repeat business.
Despite having only two service bays, this shop generates an impressive approximately $1.3 million in annual gross sales with an estimated owner benefit/net of $250,000 per year.
The operation is extremely lean, consisting primarily of the owner, who is a working mechanic, and one additional full-time mechanic, resulting in very low payroll and overhead.
The property offers a major advantage for a two-bay operation, with outside parking for approximately 15–20 vehicles, including highly visible front parking that could potentially provide an additional opportunity for an operator interested in vehicle sales, subject to applicable licensing and local approvals.
Monthly rent is only approximately $5,500, an attractive number considering the location, visibility, parking and volume of business.
The shop currently operates only 5½ days per week with relatively short business hours, creating significant upside for a new owner. Extending operating hours, adding technicians, maximizing the existing parking and expanding services could potentially increase both gross sales and profitability substantially.
Highlights
Approximately $1.3 million annual gross sales
Approximately $250,000 annual owner benefit/net
New York State Motor Vehicle Inspection Station
Prime high-end Nassau County location
Excellent frontage on a very busy main road
Auto repair location established approximately 40 years
Current owner approximately 15 years
Two service bays
Parking for approximately 15–20 vehicles
Very low payroll and lean operation
Only $5,500 per month rent
Currently operated by owner/mechanic plus one full-time mechanic
Only open 5½ days per week with short hours
Strong pricing due to affluent customer base and location
Significant growth potential for a more aggressive operator
This is an excellent opportunity for an experienced mechanic, existing repair-shop operator, or automotive group looking to acquire a high-volume, established Nassau County business with strong cash flow and considerable room for growth.
High-Volume Nassau County Auto Repair Shop – Prime Location
Rare opportunity to acquire an extremely busy, highly profitable auto repair business in an affluent Nassau County location.
This long-established auto repair shop enjoys excellent frontage and tremendous exposure on a heavily traveled main road in a desirable, high-end area. The location has operated as an auto repair facility for approximately 40 years, with the current owner successfully operating the business for approximately 15 years.
The business is also an established New York State Motor Vehicle Inspection Station, providing an additional source of steady customer traffic and repeat business.
Despite having only two service bays, this shop generates an impressive approximately $1.3 million in annual gross sales with an estimated owner benefit/net of $250,000 per year.
The operation is extremely lean, consisting primarily of the owner, who is a working mechanic, and one additional full-time mechanic, resulting in very low payroll and overhead.
The property offers a major advantage for a two-bay operation, with outside parking for approximately 15–20 vehicles, including highly visible front parking that could potentially provide an additional opportunity for an operator interested in vehicle sales, subject to applicable licensing and local approvals.
Monthly rent is only approximately $5,500, an attractive number considering the location, visibility, parking and volume of business.
The shop currently operates only 5½ days per week with relatively short business hours, creating significant upside for a new owner. Extending operating hours, adding technicians, maximizing the existing parking and expanding services could potentially increase both gross sales and profitability substantially.
Highlights
Approximately $1.3 million annual gross sales
Approximately $250,000 annual owner benefit/net
New York State Motor Vehicle Inspection Station
Prime high-end Nassau County location
Excellent frontage on a very busy main road
Auto repair location established approximately 40 years
Current owner approximately 15 years
Two service bays
Parking for approximately 15–20 vehicles
Very low payroll and lean operation
Only $5,500 per month rent
Currently operated by owner/mechanic plus one full-time mechanic
Only open 5½ days per week with short hours
Strong pricing due to affluent customer base and location
Significant growth potential for a more aggressive operator
This is an excellent opportunity for an experienced mechanic, existing repair-shop operator, or automotive group looking to acquire a high-volume, established Nassau County business with strong cash flow and considerable room for growth.
About the Business
- Years in Operation
- 40
- Employees
- 2 Full-time
About the Sale
- Seller Motivation
- Other interest
- Transition Support
- Seller will train
- Financing Options
- 500,000.00 Down & 350,000 for 5 years @8 PERCENT
Listing Info
- ID
- 2543023
- Listing Views
Listing ID: 2543023 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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