1053 Buyers Online Now
Buy Business Sell Business Business Brokers My Account
Photos Website Map
Asking Price$599,000
Revenue$725,746 EstablishedUndisclosed
Cash Flow$146,171 Employees4 full, 0 part
FF&E$140,000 FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
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 melvaz@vestedbb.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!
Seller Financing:350,000.00 Down & $249K over 5 yrs. @ 6%
Sale Reason:Retirement after 43 yrs.
Ad #108450
Seller Reference #31850
The information in this ad has been provided by the business seller or representative stated on this ad. BuyBusiness.com has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness. Please read our Terms of Service before responding to any ad on our website.
Contact This Seller
Vested Business Brokers
Vested Business Brokers
Email Address