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Business for Sale Summary

Collision Shop For Sale in Queens County, NY - 31092

Business Type: auto repair,auto/truck mechanical repair,automotive dealers/ auto retail,owner financing available,auto body/collision repair
Owner Financing
Collision Shop For Sale in Queens County, NY
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Financial Information (non-confidential)

General Information
Asking Price $845,000 Down Payment $500,000
Gross Revenues $1,400,000 Lease Remaining Register Free to View
Owner’s Cash Flow $350,000 Number of FT Employees Register Free to View

Financing

$500,000 Down and 345000 over 5 years 7%

Business Description

For sale is a large, busy body shop that has been owned and operated by the same seller for 35 years. This collision shop is well-equipped with a super reputation for its great spray booth, mixing room, frame machine, lifts, and other updated collision equipment. It has plenty of capacity for 10-12 cars working or 15-20 overnight. The business does insurance work, private pay, and dealer work. The seller is also the landlord and will provide a long and favorable lease to the new buyer. The seller is willing to train the new owner, and with only working from 8 am - 3 pm for 5 days and a full staff of 9 full-time employees, this is a profitable business opportunity. For more information, contact the broker at 1-877-735-5224.

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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.

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.