High Volume Auto Body Biz - Real Estate Option
Location New Jersey,United States
Asking Price Range $250K - $500K
Gross Revenues $625000
Net Profit / Cash Flow $165000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 1970
Number of Employees 4 - 5
Inventory $175,000 equipment & $1,500 inventory.
Relocatable No
Number of Employees 4 - 5
Real Estate Leased
Training The seller will supply a 30 day transitional period, will remain post closing for an additional 60 days.
Reason for Sale The seller is retiring after many successful years in this auto industry.
Description Long established auto body and collission repair business with an option to purchase the real estate located on an active state highway in Sussex County, New Jersey. The business has been operating for over 30 years and is fully equipped with up to date and state of the art equipment, required for high volume production. The sale includes long term, established relationships with various businesses including numerous insurance companies. The business has a yearly income of $625,000 and a net income of $165,000. The 4,000 square foot shop has various areas designed for different repairs. The location consists of one acre with ample parking for 40 vehicles. The owner is retiring after many successful years in this industry and enjoys a wonderful reputation in the area. This is a solid opportunity to take over this successful business. Seller financing is available. The business is located in Northern New Jersey on a highly active State Highway in Sussex County, New Jersey with a large population that requiring this service. The facility consists of 4,000 square feet, with a high production capacity including an indoor repair area for nine vehicles. The facility has a modern professional appearance, with a private office and is fully equipped to conduct a high volume production.
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