Auto Body in Fender Bender Area
| Asking Price: | $100,000 | Inventory: | $3,000 ++ |
| Gross Revenue: | $150,000 | Real Estate: | n/a |
| Cash Flow: | $74,500 | FF&E: | $105,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
Auto Body shop located close to major US Highway in Bergen County. Highway at this point is very accident prone. The location capitalizes on this – location outside parking area always full of backlog of auto work. Car parking outside shop for 13 with 6 to 8 cars inside can use more help. Shop has extremely low overhead. Rent and maintenance charges great lease with only $40 – dollar increases annually. This is a good investment with some individuals who have under $75,000 to invest as owner will take financing for major part of selling price $60,000 down – financing for $90,000 – equipment value over $100,000 – shop does not need any additional equipment – tools go with sale as does inventory – good buy for body shop man with a low initial investment. For further information, please contact 908-851-9040 Ext. 285.
About the Business
Year Established:2000
Employees:3 full time - 2 part time
Facilities:6,000 sq. ft. building can fit 8 cars inside 9 with paint room, 20 car parking total. Great lease with only $40 increments annually. A great deal of equipment is new and most under 6 years of age.
Market Outlook and Competition:There are several auto body places in area – since they are major highway in an area very prone to accidents.
About the Sale
Management Training and Support:two weeks
Reason For Selling:retirement
Seller Financing:Owner would take 5 year payout for $90,000 at 7 ½%
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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