1. Home
  2. Businesses for Sale
  3. New York
  4. Auto Body/collision Repair
This Business has been Sold!
Closing Date: 04/15/2024
Business for Sale Summary

4,000 SQ Auto Collision Shop with Huge Yard - 35848

Business Type: illness forces sale!,misc. service/non-classifiable,must sell/drastic price reduction!,other business services,other personal services,owner financing available,auto body/collision repair
Sold
4,000 SQ Auto Collision Shop with Huge Yard
On April 15th 2024, The Undersigned
Acted as the Advisor to the Deal
Melvin L. Vaz
Melvin L. Vaz Senior Broker
Servicing: All of NY
All of NJ
All of CT
All of MA
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 $175,000 Down Payment $175,000
Gross Revenues $719,439 Lease Remaining Register Free to View
Owner’s Cash Flow $134,280 Number of FT Employees Register Free to View

Financing

$175,000 Down and Possible for a well-qualified buyer..

Business Description

4,000 SQ Auto Collision Shop with Huge Yard. Drastic Price Reduction! Illness Forces Sale! The seller will entertain any reasonable offer! This is a great opportunity to purchase a 36 year old business located on a spacious lot. The shop has a legal, vented spray booth and 4 bays. The shop can hold at least 9 cars inside and it has a huge yard that can park up to 25 cars! It may be one of the largest yards I have ever seen. The sale price includes the 4 bay shop, down draft spray booth, frame machine, mixing room and 1 lift. In addition, there are several large accounts that would stay on. Since 2021 the business has seen a nice sales rebound despite the owner’s illness. In 2022, the business grossed approx. $719,439.00 (plus additional sales) with a cash flow of approx. $134,280.00 (reflecting an owner/manager). 2023 sales should be about the same, or slightly higher. There are 3 long -time, highly skilled employees that would be interested in staying on with a new owner. We are seeking a serious and financially qualified buyer with only $175K in liquid funds to cover the down payment. Negotiable! Proof of funds will be requested before any meetings with the owner can be made. All site visits must be discreet. All meetings must be made by appointment only! To learn more, please call, text or email Mel Vaz today at 631-767-0157 or melvaz@vestedbb.com.

In addition, please register with the listing number above by going to vestedbb.com, enter this number into the search bar, expand the listing, click on “view free financials”, fill out the short contact form and you are registered. This is our electronic non-disclosure agreement.

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.