Location/ turnkey Business! Auto Repair Shop sits on a great lot of 4, 284 sq. ft. Corner location off a busy road with great visibility in West Hempstead. Approx. 20K plus cars pass through on a daily basis. Turnkey business, being sold with corporation, licenses, clients, inventory and existing 5 yr. lease. The atmosphere is friendly and clean, 3 lifts, waiting area, reception, & 1/2 bath, health inspection, 20' ceilings and a brand new inspection station plus a license that can be transferred to the new owner. Located next to a sports complex which adds extra exposure to drive new clients. It has been in operation for over 5 years and has a loyal customer base. The shop is known for its reliable service, and its friendly and knowledgeable staff. Great Reviews on Google conveys the integrity of this business with high customer satisfaction ratings. The rear parking lot serves as another source of income. The frontage has enough space to serve more than 10: cars. The shop offers a wide range of services, including inspections, oil changes, tune-ups, brake repairs, and engine diagnostics. It also offers a variety of preventive maintenance services, such as tire rotations, wheel alignments and more. Opened 6 days a week and offers extended hours during the week if needed.
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Our Executive Mortgage Banker:
Our Insurance Division:
$250,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $200,000 | $200,000 | $200,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,331 | $1,329 | $1,687 |
Total Monthly Payment | $1,406 | $1,404 | $1,762 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.