Long established auto body and collision repair business 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 is located 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.
About the Business
- Year Established:
- Number of Employees:
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.
With an improved marketing plan this auto body business can be further improved representing a higher net profit to the owner operator. No nearby auto Repair Company s are a direct competitor to this business and the seller will supply a non-compete agreement to the purchaser.
About the Sale
- Reason For Selling:
The seller is retiring after many successful years in this auto industry.
The seller will supply a 30 day transitional period, will remain post closing for an additional 60 days.
- Cash Flow Comments:
- Seller Financing:
Available for a qualified buyer.
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