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Business for Sale Summary

Auto Body Shop for Sale in New York - 36604

Business Type: auto repair,auto/truck mechanical repair,misc. service/non-classifiable,other personal services,owner financing available,repair services,auto body/collision repair
Owner Financing
Auto Body Shop for Sale in New York
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This business has received 45 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $2,400,000 Down Payment $1,500,000
Gross Revenues $3,500,000 Lease Remaining Register Free to View
Owner’s Cash Flow $500,000 Number of FT Employees Register Free to View

Financing

$1,500,000 Down and $900k for 60 months @ 7%

Business Description

For sale: a well-established, family-owned auto collision and auto body repair shop with 43 years of continuous service and an excellent reputation for high-quality work. Located on a prime high-traffic corner, the 10,000 sq. ft. facility services 25-30 cars per week and includes 4 offices, space for 22 cars indoors, a fenced storage area for 30 vehicles, a front lot for 18 cars, and additional nearby storage for 60 vehicles. Fully equipped with 2 lifts, 3 welding machines, 3 framing machines, a downdraft paint booth, and a paint mixing room, the shop is ready for seamless operations. With over $500,000 in equipment and inventory. Recent upgrades include a $150,000 Nassau County-approved fire suppression system. The seller, who is also the landlord, offers a new 10-year lease with a 5-year option and may consider selling the property. The hands-on owner is prepared to stay on for at least six months to ensure a smooth transition, and the experienced staff is committed to staying. Also included is a separate towing business with 4 high-end tow trucks and multiple contracts. Additional income opportunities include subletting workspace or offices. Owner financing is available for this turnkey business opportunity. Contact the broker Tony Sica at 516-330-8558 for more details.

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Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.