Auto Collision - Same Owner for 43 yrs. -31850

Not Disclosed, NY
Suffolk County

Asking Price: Annual Revenue:
$519,000 $912,873

Automotive & Boats: Auto Body Shop, Paint Shop

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RE: Auto Collision - Same Owner for 43 yrs. -31850 Broker: Vested
Owner Financing is Available!
349,000.00 Down & $200K over 5 yrs. @ 6%

Quick Facts

Asking Price: $519,000
Annual Revenue: $912,873
Net Profit: Not Disclosed
Cash Flow: $207,171
Total Debt: Not Disclosed
FF&E: $140,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 4
BBN Listing #: 71984447
Broker Reference #: 31850

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Business Overview:

Auto Collision - Same Owner for 43 yrs. Very low down payment. This owner is finally ready to retire. He is offer a spacious 3,000 sq. ft. shop that is fully equipped. They have 2 frame machines, a fully up-to-code, vented, 50x60 spray booth, and much more. There is space for over 8 cars inside the facility plus an additional 11-12 cars in the gated yard. In fact there are unused offices upstairs as well. Business has been very steady over the past 5 years with gross sales of over $912,873.00 and a cash flow of approx. $207,171.00. THAT DOES NOT INCLUDE substantial additional sales from a town towing contract and work with state offices. These can be discussed in person. The space has a great lease with an out-of-state landlord. There are 8 years remaining with 3% annual increases (plus at least a 5 yr. option to be added for a qualified buyer) at a monthly rent of only $5,000/mth. (incl. taxes). That is under market for the area. 80-85% of the business is insurance work. The owner does virtually no advertising and has no debt. There is great upside for an experienced operator. We are seeking a serious and financially qualified buyer with at least $209K in liquid funds to cover the downpayment and $10K in rent security. To learn more, please call or email Mel Vaz today at 631-909-1095 or ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT SPEAK WITH ANYONE WHEN VISITING THE LOCATION. ALL MEETINGS MUST BE MADE BY APPOINTMENT ONLY!

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 or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

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Reason for Selling:

Retirement after 43 years.

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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