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High Volume Auto

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Sussex Co., NJ

Business Description

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:
1970
Number of Employees:
5
Facilities:
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.
Market Outlook/
Competition:
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.
Training/Support:
The seller will supply a 30 day transitional period, will remain post closing for an additional 60 days.
Cash Flow Comments:
EBITDA: $165,000
Seller Financing:
Available for a qualified buyer.

Listing Info

BizQuest Listing ID:
1125723
Ad Detail Views:
287
Asking Price:
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Gross Revenue:
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Business Listed by
Ron Cervelli
Regal Consulting Corp.
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U.S. Census Data for Sussex County, NJ
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Sussex County, NJ
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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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. See our full Terms & Conditions.