Huge Auto Body with Property

Nassau County, NY
Nassau County


Asking Price: Annual Revenue:
$560,000 $442,397

Automotive & Boats: Gas Stations


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RE: Huge Auto Body with Property Broker: Melvin L. Vaz

Quick Facts

Asking Price: $560,000
Annual Revenue: $442,397
Net Profit: Not Disclosed
Cash Flow: $213,069
Total Debt: Not Disclosed
FF&E: $150,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 37894447
Broker Reference #: 25411

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Business Overview:

Huge Auto Body with property - 10,000 sq. ft. The seller has owned and operated this business for over 15 years. He is looking toward retirement and ready to sell this business and the property. They primarily offer auto body and towing. They are NOT currently a DRP. Most business comes from a Police tow list (10-12 jobs/mth), Insurance work and retail customers off the street. In the past year gross sales were approx. $480,000.00. The sale price includes 2 flatbed tow trucks, 1 spray booth, 3 lifts and more than 9 bays. There is an outdoor yard that can hold up to 80 cars! This huge space has some leased area for an auto repair business and landscaper parking (M to M leases). These three tenants bring in approx. $3,300/mth. in rent. The owner is seeking $560K for the business and $1 million for the property. We are seeking a serious and financially qualified buyer able to provide proof of Funds for at least $1.5 million.

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Reason for Selling:

Personal

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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