Auto Repair and Tire Shop (Suffolk County)

Business Is

Home-Based

Internal Id

RaptID_5587

Financing Notes

Seller will consider providing financing of up to $1MM.

Growth & Expansion

The company has built a large and loyal customer base. The in-house data base is comprised of over 1,100 active accounts that have been serviced (not including walk-ins). While not all are active customers, the list indicates a level of business and an excellent repeat business base.

Support & Training

Seller will remain for sufficent period to transition business.

Facilities & Assets

The Real Estate included with the sale contains two one-story buildings, the tire & auto repair shop and an adjacent retail (3-store) building, on an ~ 3/4 acre plot with adequate parking for each. Both buildings are of block construction. The auto repair shop is an ~4,200 square foot single- story block building with a 14-foot ceiling height. The shop is fully equipped with 5 lifts: 3 two post lifts and 2 alignment racks with lifts. The facility has an attractive air-conditioned customer greeting, order & waiting area (with cable TV). Two storage containers (8 ft. X 20 ft.) are attached to the rear of the building for storage. The sale also includes a fully rented 3 store, block building of ~5,200 square, with a nearly full basement (~4,000 square foot basement). The retail space is leased to three tenants:

Number Of Employees

8

Market & Competition

While there are other auto repair shops in the immediate are, this business is unique as it is a branded, major tire affiliated dealer

Reason for Selling

Owner has reached retirement age.