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Very Profitable Automotive Collision Repair
Location New York,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $1400000
Net Profit / Cash Flow $400000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1956
Number of Employees 6 - 9
Relocatable Not Disclosed
Number of Employees 6 - 9
Real Estate Owned
Training Provided by Seller.
Reason for Sale Retirement.
Description This business is a New York State licensed, full-service collision repair business specializing in providing affordable, expert, auto body repairs on domestic and foreign automobiles and trucks. The certified staff utilizes computerized frame and measuring equipment to provide quality work for total customer satisfaction. Approximately 90% of revenue is retail customer based, with the remaining 10% being work done for automotive dealers.
The business has developed extremely favorable relationships with the major automotive insurance companies. The business has developed an excellent reputation amongst its customer base and insurance carriers which has translated into a high degree of repeat business and word of mouth marketing.
The business occupies a completely State-of-Art 12,000 square foot freestanding facility. The premises including the real estate, improvements, and operating equipment are in excellent repair with no deferred maintenance. Since January 2011, the owner has invested over $900,000 in improvements to property, plant, and equipment. There is plenty of customer parking which secure, well paved and lighted. Financing: Limited Seller financing may be available to qualified candidates. The owner will stay on for a mutually agreeable and reasonable period of time to train new ownership, introduce them to key customers and suppliers, and to promote an overall smooth transfer of the business.
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