5 Day - Full Service Auto Collision Shop-Absentee

Queens County, NY
Queens County

Asking Price: Annual Revenue:
$415,000 $660,300

Automotive & Boats: Auto Retail - Auto Parts

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RE: 5 Day - Full Service Auto Collision Shop-Absentee Broker: Melvin L. Vaz

Quick Facts

Asking Price: $415,000
Annual Revenue: $660,300
Net Profit: Not Disclosed
Cash Flow: $250,342
Total Debt: Not Disclosed
FF&E: $120,000
Real Estate: Not Disclosed
Year Established: 1992
Employees: 5
BBN Listing #: 24124447
Broker Reference #: 23855

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Business Overview:

5 Day - Full Service Auto Collision Shop. Open only M-F 8am-6pm. It is run by a qualified and honest manager, 100% owner absentee. The only reason for the sale is because the manager is retiring after 21 years. This business has a reputation for outstanding quality, excellent service, and treating its customers fairly. Over 70% of business comes from repeat customers and referrals. The other 30% business from dealers and insurance companies. In 2012, the business grossed $6,72,300 with a net income of approximately $2,50,342. The sale price includes Downdraft spray booth/Owen (Made in Italy), frame machine, welders, Inspection machine and 3 lifts. With the current income stream secure, this is a great opportunity for a buyer to concentrate on growing revenue in a short period of time by adding a consistent marketing program (current owner does not spend $ on advertising). This is an excellent location in a high traffic area. This shop just needs more emphasis on advertising, commercial and fleet accounts, and more emphasis on collision repair, not just the traditional cosmetic repainting of vehicles. The business is growing in a slow economy and can do more with more active management. We are seeking a serious and financially qualified buyer with at least $350K in liquid funds (to cover the down payment, deposits, working capital, etc.).

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Reason for Selling:


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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