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Financing: $400,000.00 Down and 250,000 for 5 years @8% Reason for Selling:Retiring Auto Body & Collision Shop with Repair Services – Established 40 Years
This well-established auto body, collision, and repair shop has been successfully owned and operated for 40 years. Located on a prime corner in an industrial area, the facility spans 7,500 square feet, with additional room for expansion, an outside lot, and ample parking. The shop is fully equipped, including lifts, a spray room, and extensive equipment.
The seller currently collects $4,000 in monthly rental income, effectively reducing the rent to $7,600. The facility features three office areas, a waiting room, a parts room, a reception area, and a cashier station, making it well-equipped to handle operations efficiently. A full staff is already in place, ensuring a smooth transition for a new owner.
The seller is willing to stay on for four months to assist the buyer, providing support and guidance during the transition period. As a certified NYS Inspection shop, the business is primed for growth with plenty of potential to expand services. The current owner is retiring, presenting an excellent opportunity for a motivated buyer.
For more details, contact broker Jim Aloi at 631-375-4100.
In addition, please register with the listing number above by going to vestedbb.com, enter this number into the search bar, expand the listing, click on “view free financials”, fill out the short contact form and you are registered. This is our electronic non-disclosure agreement. Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers. |
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Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller. |
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1(877) 735-5224 | 24 Woodbine Ave, Suite #204 Northport, NY 11768 | vestedbb.com |