Well Est. Truck Repair, Sales & Inspection Service

Business Opportunity for Sale
Catylist Listing ID: 30343603
Property Subtypes: Auto Related
Building Size (RSF): 4,681 SF
Sale Price: $499,900
Name of Establishment: Tap Auto Service, Inc.
Year Business Established: 1964
Gross Revenue: $290,000 (Annual)
Cash Flow: $0 (Annual)
Sale Terms: Cash to Seller Preferred Possible Seller Financing negotiable based upon down payment & credit qualification.
Last Updated: 3/17/2019

Overview / Comments

A & E Station
Specialties: Sales & Service of auto, light & heavy duty trucks +
Rhode Island Auto, Truck, Trailer & Diesel Inspections plus FICA truck inspections.

Multiple garage structure with parts / storage areas of approx. 4681 sq.ft. set on approx. .46 AC lot (20,037 sq.ft.). Note: updated roof.
Service shop/ garage with 7 overhead doors ( oversize).

UPDATED LICENSES (dealer & inspection)....Equipment included in sale.

Additional Details

Nearest MSA: Providence-Warwick
County: Providence
Industry Segment: Other Auto Related
Reason for Selling: Plans for retirement.
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $50,000
Real Estate Status: Real Property
Value of Real Estate Included ($): $0
Mgmt/Training Support Description: Seller available during agreed upon transition period.
Competition/Market Description: Specialty Truck and inspection services in region for vehicles old and newer.
Growth/Expansion Opportunities: Well established and located auto & truck servicing & sales business situated just off Mendon Road (rte. 122) near connection via rte. 99 to rte. 146 & 295. Easy access into Massachusetts & to rte. 295 & 95 and app points north, south, east and west.
Seller Financing Description: Possible Seller Financing negotiable based upon down payment (proof of funds) & credit qualification.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,683 65,038 126,016
Median Age: 38.05 39.25 40.1
Households: 2,612 26,713 48,404
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