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Restoration Body Shop- Auto Repair W/ Property In Suffolk County For Sale

Suffolk County, New York, US
Asking Price:
$750,000 (USD)
Sales Revenue:
$825,000 (USD)
Cash Flow:
$250,000 (USD)

Restoration Body Shop & Auto Repair w/ Property. This business has been established for over 40 years and built a solid brand and reputation. The owner is now seeking to retire. This is the best of both worlds, auto body and repair. They offer a 4,800 sf shop with a spacious fenced in yard, 2 lifts, a fully licensed spray booth with all proper C/Os and inspection machine. A new owner can move toward more body work, repair work, or both. Even better, the property is available for an additional $775K through Mel Vaz of PMTG Realty. The owner will only sell the business and property together. In 2019 the business grossed $825,000.00 with an owner’s cash flow of approx. $250,000.00. 2020 sales declined, but 2021 has shown a nice rebound. We are seeking a serious and financially qualified buyer with good credit and at least $650K in liquid funds to cover the business purchase and a 20% down payment on the property. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only!

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 to discover the difference that is Vested Business Brokers.

Business Operation

Reasons for selling:

Retirement

Employees:
2FT/1PT
Years established:
1982

Other Information

Support & training:

Seller will train

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

500,000.00 Down & $250K over 4yrs. @ 6% possible for a well qualified buyer.

Furniture / Fixtures value:
$300,000 (USD)

Contact Vested Business Brokers HQ

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