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Business for Sale Summary

Collision Center for Sale in Suffolk County, NY - 32628

Business Type: auto repair,auto/truck mechanical repair,automotive dealers/ auto retail,seller financing available,auto body/collision repair
Owner Financing
Collision Center for Sale in Suffolk County, NY
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This business has received 218 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $495,000 Down Payment $250,000
Gross Revenues $850,000 Lease Remaining Register Free to View
Owner’s Cash Flow $240,000 Number of FT Employees Register Free to View

Financing

$250,000 Down and balance of $245K over 3 years at 4.5%

Business Description

Large auto collision and mechanical shop with 6,500 feet of space. Huge fenced storage yard plus side storage and frontage to sell cars or rent trucks. Seller just added 4000 sf to the shop and numbers are not yet included in gross because half of the shop is new. Fully legal with well equipped frame machine, lifts, spray booth mixing room, lunch room, office and too much more to list. Located on a main busy route with tremendous exposure. Come get listed on accident lists and add NYS inspection. This collision center may triple its present numbers. Long lease and a great landlord. This shop could be a pro shop and would be great for towing companies. The seller is eager to close and is offering an incentive of a $450k all cash for a quick sale of the business. Contact broker Jim Aloi t 631-375-4100 for more details.

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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.