1526 Ny-52 Fishkill, NY 12524

Property Details for 1526 Ny-52

Property type

Commercial real estate

Description

This thriving auto repair business in Fishkill, NY, is available for purchase. Established 35 years ago, Brinckerhoff Auto Repair enjoys a prime location on heavily trafficked Route 52 (over 15,000 cars daily), offering excellent visibility and convenient access to I-84 (Exit 12) and Route 9. The current owner is retiring, presenting a unique opportunity for a new owner to step into a well-established business with a solid local reputation. The business operates within a 10-year lease, commencing July 1, 2023, and extending to June 30, 2033. The lease is transferable and includes a 3% annual rent increase. Annual rent is projected to increase from $5,000 in the first year to $6,892.80 in the tenth year. The business's current operational hours offer significant potential for expansion by adding extra hours, further increasing revenue. Detailed financial information is available upon pre-qualification of the buyer and execution of a non-disclosure agreement (NDA). This is a turnkey opportunity to acquire a profitable and well-regarded auto repair business in a high-demand location. The business is classified as a Class B property and includes one unit. The asking price is $235,000.