225 Union Avenue

Description

Here's a professional listing description based on the provided details: Auto Repair Shop & Car Wash Business for Sale Williamsburg, Brooklyn, NY An excellent opportunity to acquire a well-established Auto Repair Shop and Car Wash business located in the highly sought-after neighborhood of Williamsburg, Brooklyn. This is a business-only sale, and the property is not included. Key Sale Highlights Turnkey Operation: The sale includes all equipment, machinery, and personal property necessary for the smooth and continued operation of both the car wash and auto repair services. Exclusions: Car Wash Business: Does not include accounts receivable, cash in the bank, or other investments. Auto Repair Business: Excludes accounts receivable, cash in the bank, other investments, and individual mechanics' personal tools. Debt-Free Transaction: All assets will be transferred free and clear of any liens, encumbrances, or equipment leases, and all machinery and equipment will be in working order at the time of closing. No Debt Assumption: The purchaser will not assume any outstanding debts or equipment leases. Earnest Money Deposit: The buyer will provide a deposit equal to 10% of the Purchase Price upon executing the Purchase Agreement. This deposit will be held in escrow by the seller's counsel and applied toward the final cash portion of the purchase price at closing. Location Williamsburg, Brooklyn, is known for its vibrant community and high-traffic areas, making this a prime spot for a profitable automotive service business.