Business for Sale |
Buy A Business |
ID:20040
Kings County, NY
Business Type: auto repair,auto/truck mechanical repair,retailing businesses,services businesses,repair services
Asking Price
$255,000.00
Gross Revenues
$898,000.00
Financing
$ 255,000.00 Down and
Owner's Cash Flow
$390,300.00
Very Very busy auto body repair shop specializing in high-end custom upgrades and insurance claims. Insurance accounts for 80% of business. Custom painting 15% of business. Well-known in local auto industry and frequented by music and sport celebrities for specialized jobs. Sale includes use of entire building (unused 2 offices upstairs can be rented out for additional income) and 2500 sq. ft. lot. New business owner has 1st option to buy building and adjacent lot (approx. $2mm; see landlord). New owner can apply for auto dealer license and derive additional income on used car sales. Equipment includes all tools, 1 lift, 1 drive on frame-machine, 2 compressors, 1 down-draft spray booth, paint mixers, battery chargers, stud puller, all air-powered/pneumatic tools, riveters, door skin tools, go jacks and more. Its a must see. Lot is full of up-coming jobs many of which are imports and luxury cars.