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Business for Sale Summary

Auto Body Shop For Sale in NY - 36590

Business Type: auto repair,auto/truck mechanical repair,owner financing available,auto body/collision repair
Owner Financing
Auto Body Shop For Sale in NY
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Financial Information (non-confidential)

General Information
Asking Price $525,000 Down Payment $325,000
Gross Revenues $1,200,000 Lease Remaining Register Free to View
Owner’s Cash Flow $300,000 Number of FT Employees Register Free to View

Financing

$325,000 Down and $200,000 for 5 years @ 8%

Business Description

This well-established auto body shop, operating successfully for 45 years in New York State, is now available for sale. The business occupies a spacious 7,500 square foot facility with room for future expansion and offers a full range of services including bodywork, collision repair, general auto repair, and New York State motor vehicle inspections. The shop is fully legal, well equipped with a spray booth and extensive professional equipment, and is positioned for a smooth ownership transition, as the seller is willing to remain on to provide support. Monthly rent is $7,600, and the property also generates an additional $4,000 per month in rental income, adding to the overall attractiveness of this opportunity. For more details, contact broker Jim Aloi at 631-375-4100.

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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.