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  • RE:  Trusted Collision Repair Specialists
  • Contact:  Sam Domino

Quick Facts

Asking Price: $1,300,000
Annual Revenue: $2,627,276
Net Profit: Not Disclosed
Cash Flow: $682,902
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: $2,500,000
Year Established: 1952
Employees: 6
BBN Listing #: 472362509
Broker Reference #: Not Disclosed

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Business Overview:

The business, a trusted name in collision repair, has been a family-owned and operated business for three generations, originally starting as the first auto body shop in town. Established in 1952, this automotive repair center has stood the test of time, serving the community with dedication and expertise.

Specializing in a wide range of collision repairs, the business has been Brooklyn’s go-to destination for restoring vehicles to their pre-accident condition. Expanding upon their extensive range of automotive services, the business further enhanced its offerings in the late 1990s by adding a dedicated wing for body work, which included the customization of paint jobs.

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Property Features and Assets:

The business boasts a strategically positioned location that caters to the needs of its customers seamlessly. The facility features two generously sized garage doors, facilitating efficient vehicle intake and repair processes. Additionally, a spacious backyard area provides ample storage for vehicles awaiting repair or pickup. Within the facility, there's a well-appointed office space that serves as the hub for customer interactions and administrative tasks. Additionally, there's a two-bedroom apartment on the second floor that brings in $1,400 for the owner of the property. The property is presently owned by the current owner. If the new owner chooses to lease it, the monthly rent is set at $13,500. Additionally, the owner is open to discussing a potential sale, providing flexibility in property arrangements.

Market Competition and Expansion:

The business enjoys a unique position in its local market as the sole automotive repair shop on its block. This absence of direct competitors within close proximity provides the business with a distinct advantage in serving the community's collision repair needs.

Reason for Selling:

Retiring

Additional Details:

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

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