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Business for Sale Summary

Auto Collision Shop For Sale in NY - 36587

Business Type: auto repair,owner financing available,auto body/collision repair
Auto Collision Shop For Sale in NY
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This business has received 54 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $2,400,000 Down Payment $2,400,000
Gross Revenues $2,700,000 Lease Remaining Register Free to View
Owner’s Cash Flow $540,000 Number of FT Employees Register Free to View

Financing

$2,400,000 Down and

Business Description

This 5-star, state-of-the-art certified auto body and auto glass shop offers advanced auto repair services and is a well-loved, high-tech, and bustling professional operation. Currently operating Monday through Friday from 8:00 AM to 5:00 PM, this shop provides significant growth potential for a new owner by extending hours, days, and services. Located on a main route in Western Suffolk with tremendous visibility, this impressive facility includes a flatbed tow truck (on the accident list), certification for aluminum repairs, computerized color matching, laser-guided structure measuring, and on-site rental vehicles. It is also a certified repair shop for BMW and several other manufacturers. The shop has been in business for over 40 years and is housed in a spacious 10,000-square-foot facility with 14-foot ceilings, capable of holding 20 vehicles inside. It is fully equipped with high-end, modern equipment, including frame machines, lifts, a mixing room, and a separate compressor room with multiple units. Additional features include a large customer waiting area, three offices, a stockroom, front parking, and a fenced outdoor storage area for a large number of vehicles. The shop boasts a skilled staff of 14 full-time employees who will remain in place, ensuring continuity for the new owner. The seller is offering four months of support during the transition period. This sale includes all equipment, inventory, a flatbed tow truck, and paints, with a combined value exceeding $600,000. The seller's partner, who also owns the property, will be involved in the sale, but no terms are being offered at this time. However, the business is expected to be bank or SBA financeable. Don’t miss this rare opportunity to acquire one of Jim Aloi's favorite shops! Qualified buyers, please contact Broker Jim Aloi at 631-375-4100 to schedule a meeting and tour of this spectacular facility. Act quickly!

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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.