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38 year old Auto Body Shop located in Southwest Florida. Asset Sale of equipment and long term lease of 7,750 sf shop with state of the art paint booth. Free standing facility on 3/4 of an acre located on a heavily traveled 6 lane road with near major
Detailed Information
- Years in Operation
- 38
- Facilities & Assets
- Purchase consists of both complete Shop Equipment, including quality Paint Booth, and all Office FF&E. Long Term Lease of a Turn Key, Free-Standing, 7,750 SF Auto Body Shop on approximately ¾ of an Acre, in the lucrative Southwest Florida market. The sale Fixed Assets to a Qualified Tenant, at an independently appraised “In Place Fair Value” of $175,000. This consists of both complete Shop Equipment, including quality Paint Booth, and all Office FF&E. A copy of this Fixed Asset Valuation Report, with Photos, will be provided to Pre-Qualified Tenant Buyers.
A Long-Term (proposed 10 Year) Lease Agreement on the 3 Buildings totalling 7,750 sq, ft. on an approximate ¾ Acre Industrial Zoned Site, from which the Auto Body operations have been historically conducted. The Fair Market Value Rents have been established at $20 Per Sq. Ft., equating to an Annual Base Rent of $155,000 or $12,917 Monthly.
6 existing Employees, comprised of a Parts Manager, Estimator, 2 Painters, & 2 Body Tech
About the Sale
- Transition Support
- Transitional Assistance on behalf of the Owners will entail all operational and administrative functions, and Employee, Customer, and Vendor relationship transfers, as determined necessary and/or benefical to the Tenant. Seller with stay for a time period to Train new owner.
- Seller Motivation
- Owner wants to now downsize, with a focus on the new product line.
Listing Info
- ID
- 2525010
- Listing Views
- 104
Listing ID: 2525010 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 of Use. Learn how to avoid scams.
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