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Financing: $550,000.00 Down and Reason for Selling:Other Interest For sale is a well-established, family-owned auto collision and repair shop in Suffolk County, New York, with over 60 years of successful operation, including 45 years at its current location.
This business has an excellent reputation for serving both insurance and private clients and generates income through multiple streams, including collision repair and vehicle storage.
The property spans 1.9 acres, offering outdoor storage for over 50 vehicles, interior space for 4–6 cars, and includes 2 lifts, framing equipment, a dedicated paint room, and a second-floor storage area.
The site is environmentally cleared with a clean Phase 1 test and benefits from low real estate taxes of just $8,000 annually. With annual gross revenue exceeding $370,000 and owner’s cash flow of $200,000, this business offers significant earning potential.
The asking price is $1.6 million, which includes the business, building, and property, though the seller is open to flexible options, such as selling the business with a long-term lease on the property for qualified buyers. The property alone, the seller is asking $1,050,000.
The current owner is committed to ensuring a smooth transition for the buyer and is retiring to relocate. Proof of funds and a signed NDA are required for further details and to arrange a showing. Financing and leasing options are available.
To learn more, please contact the broker, Joann Santella at 516-458-5915.
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. |
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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. |
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1(877) 735-5224 | 24 Woodbine Ave, Suite #204 Northport, NY 11768 | vestedbb.com |