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Established And Profitable Auto Repair Business W/rental Property For Sale

Niagara Falls, New York
Asking Price:
$250K - $500K (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$22,115 (USD)
Cash Flow:
$35,000 (USD)

his profitable 45-year-old automotive repair shop in Niagara Falls, NY is ready for sale. The owner is already retired from working in the business other than making weekly visits to the shop. The business has two long term employees (28 and 38 years) who manage the business and repair the cars. The shop has the New York Vehicle Inspection Program (NYVIP2) computer software for state inspections. Equipment includes four lifts, wheel alignment machine, tire balance machine, torches, welders, tools – most everything required to make repairs for late model cars. There is a storage sea/land van with overhead rails for moving and storing heavy objects. The books are professionally maintained by a local accountant and the financial numbers are solid. This is an excellent opportunity for a qualified mechanic to take the next step and own an established profitable repair shop.

Nine used cars are available and not included in the asking price.

A flatbed tow truck is available and not included in the asking price.

Property Information

Real Estate:

Real Property Included

Living Accommodation:

Three 2 bedroom apartments all currently rented.

Location:

On a main thoroughfare (4 lane road) in Niagara Falls, New York

Premises Details:

Well maintained four bay garage with offices and outside storage in a Sea/Land van.

Second property is a building with 3 two bedroom apartments and one store front.

Size in square feet:
2,200

Business Operation

Expansion Potential:

The auto repair business is not operating anywhere near capacity. The owner does not repair cars anymore and there are two full time mechanics. The employees have been there 28 and 38 years.

Reasons for selling:

Owner wants to fully retire after 45 years

Trading hours:

Monday to Friday 8:00 am to 5:00 pm

Employees:
2
Years established:
45 years in the same location

Other Information

Furniture / Fixtures value:
$75,000 (USD) - included in the asking price
Inventory / Stock value:
$35,000 (USD) - included in the asking price

Contact Information

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