NOT DISCLOSED, New York
| Asking Price |
$750,000 |
Year Established |
1990 |
|
| Annual Revenue |
$1,256,950 |
Reason for Selling |
Owner retiring. |
|
| Annual P/L |
$0 |
Attention |
Greg Gradel |
|
| Annual Cash Flow |
$259,283 |
Listing Number |
997130 |
|
| # of Employees |
5 |
Business Category |
Automotive & Boats: Auto Body Shop, Paint Shop |
|
Business Overview:
The standard of integrity for the auto collision industry. This auto body shop is equipped with the latest innovative equipment.
Customers can drop off cars, report insurance claims, receive free estimates, have rental arrangements set up as well as FREE Car insurance photo inspections.
Seller owns property, building and extensive surrounding real estate could be available for sale as well.
Property Features and Assets:
<p>The building contains a customer waiting area, a front desk reception area, and a back office with a kitchenette. <br>In addition to the 2 working bays, the equipment includes a Semi Downdraft Spray Booth and Infrared Lamps, Spot Welder, Frame Machine, High end Paint System and camera and rotary lifts.</p><p>Assets = $140,585</p>
Market Competition and Expansion:
<p>Auto repair shops can be considered recession-resistant because vehicles will always need maintenance and repairs. However, some customers may opt for less expensive repairs during economic downturns, impacting shop revenues. <br><br>The automotive industry is constantly evolving with new technologies and vehicle designs. Shops that embrace these changes through training and investment can remain relevant and competitive. <br></p><p>The automotive collision repair market is projected to reach $270.44 billion by 2029, growing at a CAGR of 5.7%.<br>Shops that offer specialized services, competitive pricing, or exceptional customer service can differentiate themselves and build a loyal customer base. <br></p>
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