Auto Collision - Same Owner for 43 yrs. This owner is finally ready to retire. He is offer a spacious 3,000 sq. ft. shop that is fully equipped. They have 2 frame machines, a fully up-to-code, vented, 50x60 spray booth, and much more. There is space for over 8 cars inside the facility plus an additional 11-12 cars in the gated yard. In fact there are unused offices upstairs as well. Business has been very steady over the past 5 years with documented gross sales of over $725,746.00 and a documented cash flow of approx. $146,171.00. THAT DOES NOT INCLUDE substantial additional sales from a town towing contract and work with state offices. These can be discussed in person. The space has a great lease with an out-of-state landlord. There are 8 years remaining with 3% annual increases (plus at least a 5 yr. option to be added for a qualified buyer) at a monthly rent of only $5,000/mth. (incl. taxes). That is under market for the area. 80-85% of the business is insurance work. The owner does virtually no advertising and has no debt. There is great upside for an experienced operator. We are seeking a serious and financially qualified buyer with at least $360K in liquid funds to cover the downpayment and $10K in rent security. To learn more, please call or email Mel Vaz today at 631-909-1095 or email@example.com. ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT SPEAK WITH ANYONE WHEN VISITING THE LOCATION. ALL MEETINGS MUST BE MADE BY APPOINTMENT ONLY!
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