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Business For Sale
PROFITABLE AUTO BODY SHOP WITH REAL ESTATE FORSALE
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Asking Price: |
$3,800,000
USD USA Dollars
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Business for Sale Industry: |
Auto & Mech: Services & Gas Stations
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Reason for Selling:
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Retiring |
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Year Established:
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1948 |
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# of Employees:
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20 Full Time |
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Yearly Revenues:
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$3,100,000 |
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Yearly Cash Flow:
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$556,400 |
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Yearly Net Profit:
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$556,400 |
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Yearly Gross Income:
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$1,600,000 |
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Monthly Payroll:
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$69,333 |
Business for Sale Overview:
Get in on this terrific opportunity to own a very busy auto body shop in Rockland County!
Situated in a prime location, this auto body shop enjoys a large repeat customer base as a result of over 60 years of excellent service. This 9,000 square feet facility has 20 bays for service needs, plus an additional 1,500 square feet of space in the office. There are a total of 7 lots of real estate, with $2,500 monthly rental income on the property, additional to the $3M body shop gross.
The current owner is semi-retired and is willing to sell the business separately and cut a generous lease if requested.
With plenty of room for growth, value in asking price, growing value in real estate, great location, net income and market share - this listing won't last long!
Property Features and Assets:
9,000 square feet facility, with additional 1,500 office space. 7 lots of real estate. Asking business and real estate together.
Market Competition and Expansion:
Plenty of room for growth. Owner has a lot of equity in the market. Well-know and established business since 1948 with large and loyal customer base.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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