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This Business has been Sold!
Closing Date: 06/02/2016

Business for Sale Summary

Auto Body and Repair 4,000 sq. ft. - 28280

Business Type: automotive dealers/ auto retail,auto/truck mechanical repair,professional services,absentee business,best deals!,new to market,auto repair
Sold
Auto Body and Repair 4,000 sq. ft.
On June 2nd 2016, The Undersigned
Acted as the Advisor to the Deal
Melvin L. Vaz
Melvin L. Vaz Senior Broker
Servicing: This Broker is Servicing All of CT, MA, NH, NJ, NY, PA, RI and VT
Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1(877) 735-5224 to discover the difference that is Vested Business Brokers.

Financial Information (non-confidential)

General Information
Asking Price $75,000 Down Payment $40,000
Gross Revenues $179,000 Lease Remaining Register Free to View
Owner’s Cash Flow $54,397 Number of FT Employees Register Free to View

Financing

$40,000 Down and $35K over terms TBD

Business Description

Auto Body and Repair 4,000 sq. ft.. RUN ABSENTEE! Rent is only $3,800/mth. The current owner has another full time job and cannot be here as often as he would like. The business is ideal for a first time buyer with some auto body experience or someone seeking a second location. It is currently 4,000 sq.ft, but can be expanded up to 10,000 sq. ft due to next door vacancy. Major equipment includes a floor safe bolted and top loading, 2 air compressors, paint booth, frame machine, power washer, computerized paint mixing system, floor jack, 2 stands, and much more. The location is excellent as it is near 15-20 auto dealerships. Most of the current work is from these car dealers and wholesalers. THEY DO NO INSURANCE WORK RIGHT NOW. In the past year the business grossed approx. $179,000.00 with a cash flow of approx. $54,397.00. We are seeking any serious and financially qualified buyer with only $40K in liquid funds. If you meet the criteria, please call 1-877-735-5224 for further information.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.