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Business for Sale Summary

Huge Auto Body with Property - 10,000 sq. ft - 25411

Business Type: retailing businesses,auto/truck mechanical repair,service businesses,misc. servicel/non-classifiable,repair services,special situations,best deals!,business with property available,seller financing available,auto repair
Owner Financing
Huge Auto Body with Property - 10,000 sq. ft
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Financial Information (non-confidential)

General Information
Asking Price $560,000 Down Payment $560,000
Gross Revenues $442,397 Lease Remaining Register Free to View
Owner’s Cash Flow $213,069 Number of FT Employees Register Free to View

Financing

$560,000 Down and Negotiable. Property available for an additional $1 million. PROPERTY AND BUSINESS MUST BE PURCHASED TOGETHER!

Business Description

Huge Auto Body with property - 10,000 sq. ft. The seller has owned and operated this business for over 15 years. He is looking toward retirement and ready to sell this business and the property. They primarily offer auto body and towing. They are NOT currently a DRP. Most business comes from a Police tow list (10-12 jobs/mth), Insurance work and retail customers off the street. In the past year gross sales were approx. $480,000.00. The sale price includes 2 flatbed tow trucks, 1 spray booth, 3 lifts and more than 9 bays. There is an outdoor yard that can hold up to 80 cars! This huge space has some leased area for an auto repair business and landscaper parking (M to M leases). These three tenants bring in approx. $3,300/mth. in rent. The owner is seeking $560K for the business and $1 million for the property. We are seeking a serious and financially qualified buyer able to provide proof of Funds for at least $1.5 million. Call or email Mel Vaz today to learn more at 631-909-1095 or melvaz@vestedbb.com

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.