Large, Profitable Autobody Business

Not Disclosed, CT

Asking Price: Annual Revenue:
$500,000 $1,528,058

Automotive & Boats: Auto Body Shop, Paint Shop

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RE: Large, Profitable Autobody Business Broker: Alan Zinser

Quick Facts

Asking Price: $500,000
Annual Revenue: $1,528,058
Net Profit: Not Disclosed
Cash Flow: $180,356
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: Not Disclosed
Year Established: 1924
Employees: 7
BBN Listing #: 3794955
Broker Reference #: 3202-14826

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Business Overview:

This established profitable auto-body shop in Western Connecticut has been pre-qualified for bank financing.

Excellent books and records, strong employee culture, decades-long local business reputation.

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Property Features and Assets:

9-bay, 8,330 square foot building. Frontage on main business thoroughfare (30,000 daily traffic count). Phase II Environmental Studies are available. Seller is ready to work with Buyer to clear CT's Property Transfer Act. Option to lease for $5,000/month NNN or purchase for $875,000. Total Assets Included: $125,875.

Market Competition and Expansion:

Smaller competitors with less scale may be struggling, but autobody businesses like this with $1mm+ in revenues can thrive in the industry. Business open only five days per week with minimal advertising expense.

Reason for Selling:

Owner looking to retire.

Additional Details:

  • The property is leased.
  • 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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