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This Business has been Sold!
Closing Date: 03/31/2017

Business for Sale Summary

Kings County, NY Niche Absentee Run Powerhouse - 28203

Business Type: auto/truck mechanical repair,automotive dealers/ auto retail,misc. retail/non-classifiable,auto repair
Sold
Kings County, NY Niche Absentee Run Powerhouse
On March 31st 2017, The Undersigned
Acted as the Advisor to the Deal
Nathan F. Goldstein
Nathan F. Goldstein Senior Broker
Servicing: This Broker is Servicing All of CT, MA, NJ and NY
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 $1,999,000 Down Payment $1,400,000
Gross Revenues $1,711,418 Lease Remaining Register Free to View
Owner’s Cash Flow $841,245 Number of FT Employees Register Free to View

Financing

$1,400,000 Down and $599,000 4 Yr. note at 7%

Business Description

This absentee run niche specialty business has two fully operating locations specializing in powder coating painting. The company provides its high margin service to the auto body shops, leasing companies, car dealerships and insurance companies. This is a tremendous opportunity for one who loves money and cars. The new owner will manage a fully trained staff. This is a great executive business that will sell fast. Please call today at 1-877-735-5224.

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.