1. Home
  2. Businesses for Sale
  3. New York
  4. Auto Repair
This Business has been Sold!
Closing Date: 11/30/2020
Broker: Jim Aloi
Business for Sale Summary

Established Auto Collision Shop Suffolk County,NY - 31198

Business Type: auto body/collision repair,auto/truck mechanical repair,seller financing available,auto repair
Sold
Established Auto Collision Shop  Suffolk County,NY
On November 30th 2020, The Undersigned
Acted as the Advisor to the Deal
Jim Aloi
Jim Aloi Senior Broker
Servicing: Nassau County, NY
Suffolk County, NY
Kings County, NY
Bronx County, NY
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 $750,000 Down Payment $550,000
Gross Revenues $888,529 Lease Remaining Register Free to View
Owner’s Cash Flow $192,212 Number of FT Employees Register Free to View

Financing

$550,000 Down and 200,000 for 5 years @7%

Business Description

Long Established Auto Body & Collision Shop Suffolk County Located In Industrial area !Super profitable All sales Fully Stated!! Super Cheap Rent Fantastic Lease. Nicely equipped with 2 frame machines, 2 compressors,lift,mixing room nice office this great shop can handle 8 cars in shop with room to park 30 more cars out side.Seller does not dealer work and is presently not on police accident list.Seller will offer full support staff in place price to sell Money maker. This deal is financeable. Contact Broker Jim Aloi Great money making 5 and a half day shop short hours. Note $2500 rent includes tax,cam & insurance. Note this shop also has a active car dealers license to sell cars but presently does not sell Cars Wow full stated all legal cheap rent Shop hurry do not lose this one.

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.