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Business for Sale

Auto Body Shop For Sale in NY
Suffolk County, NY

Listing #36590

   
Financial Information (non-confidential)
Asking Price $650,000.00 Gross Revenues $1,200,000.00
Down Payment $400,000.00 Owner’s Cash Flow $300,000.00

Financing: $400,000.00 Down and 250,000 for 5 years @8%

Reason for Selling:Retiring

Auto Body & Collision Shop with Repair Services – Established 40 Years This well-established auto body, collision, and repair shop has been successfully owned and operated for 40 years. Located on a prime corner in an industrial area, the facility spans 7,500 square feet, with additional room for expansion, an outside lot, and ample parking. The shop is fully equipped, including lifts, a spray room, and extensive equipment. The seller currently collects $4,000 in monthly rental income, effectively reducing the rent to $7,600. The facility features three office areas, a waiting room, a parts room, a reception area, and a cashier station, making it well-equipped to handle operations efficiently. A full staff is already in place, ensuring a smooth transition for a new owner. The seller is willing to stay on for four months to assist the buyer, providing support and guidance during the transition period. As a certified NYS Inspection shop, the business is primed for growth with plenty of potential to expand services. The current owner is retiring, presenting an excellent opportunity for a motivated buyer. Alternatively, the seller is also open to a partnership with the possibility of a buy out down the road. While staying on half the week if the buyer chooses to go this route. For more details, contact broker Jim Aloi at 631-375-4100.

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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.
Jim Aloi
Senior Business Broker
631-375-4100
jaloi@vestedbb.com
Servicing Area:
Nassau County, NY
Suffolk County, NY
Kings County, NY
Bronx County, NY
Jim Aloi

Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller.

1(877) 735-5224 | 24 Woodbine Ave, Suite #204 Northport, NY 11768 | vestedbb.com

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