Seller's Contact Information
- RE: Long Island Auto Body & Repair Shop
- Contact: Ziggy
Quick Facts
Asking Price: | $3,500,000 | |
Annual Revenue: | $3,247,343 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $925,118 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | $0 | |
Year Established: | 1988 | |
Employees: | 11 | |
BBN Listing #: | 627349666 | |
Broker Reference #: | 22525 |
Business Overview:
First Time On Market | Long Island Auto Body & Repair Shop.
High-End OEM Certifications!
Established in 1948 and current owner operating since 1988, this Long Island Auto Body and Repair shop possesses a NYS Inspection License and has ICAR Gold status. It is a pristine 9,000 square foot building with a state-of-the-art repair facility. With the latest in repair equipment and technology as well as Certifications from top manufacturers, Audi, Tesla, Ford, Chrysler, and more, authorizing them to repair their vehicles. A good management team is in place and while the seller is retiring, they will stay on for a smooth transition.
Excellent Customer Service Accident & Repair Process.
Having an accident can be stressful and the system here makes every effort to make the experience as quick and worry-free as possible. They pick up or tow both you and your vehicle, arrange to have a rental vehicle available for you, negotiate with the Insurance Company on your behalf, and perform the required repairs to restore your vehicle to its pre-accident condition. Additionally, as a courtesy and to show their appreciation, upon completion they will deliver your vehicle to the destination of your choice. This high level of customer service has provided them with a loyal client base.
There will be a long lease available with over a million dollars in equipment. They currently gross over $3 Million and net approximately $1 Million. Financially qualified buyers only.
Very Central Long Island Location.
A very central location on Long Island that has easy access from eastern Long Island, Queens, and Brooklyn. Business expansion possibilities include expanding corporate accounts and increased local marketing.
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Property Features and Assets:
There will be a long lease available with over a million dollars in equipment. They currently gross over $3 Million and net approximately $1 Million. Financially qualified buyers only. Very Central Long Island Location. A very central location on Long Island that has easy access from eastern Long Island, Queens, and Brooklyn. Monthly Rent: $27,000 Lease Ends: 2040-01-01 Area: 9,000 sq/ft Building Type: Free Standing Terms and Options: 3%
Market Competition and Expansion:
Business expansion possibilities include expanding corporate accounts and increased local marketing.
Reason for Selling:
Retiring
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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