
Asking Price
$2,400,000
Gross Revenue
$3,500,000
Net Profit
$425,000
LISTING ID # 36604For sale: a well-established, family-owned auto collision and auto body repair shop with 43 years of continuous service and an excellent reputation for high-quality work. Located on a prime high-traffic corner, the 10,000 sq. ft. facility services 25-30 cars per week and includes 4 offices, space for 22 cars indoors, a fenced storage area for 30 vehicles, a front lot for 18 cars, and additional nearby storage for 60 vehicles. Fully equipped with 2 lifts, 3 welding machines, 3 framing machines, a downdraft paint booth, and a paint mixing room, the shop is ready for seamless operations. With over $500,000 in equipment and inventory. Recent upgrades include a $150,000 Nassau County-approved fire suppression system. The seller, who is also the landlord, offers a new 10-year lease with a 5-year option and may consider selling the property. The hands-on owner is prepared to stay on for at least six months to ensure a smooth transition, and the experienced staff is committed to staying. Also included is a separate towing business with 4 high-end tow trucks and multiple contracts. Additional income opportunities include subletting workspace or offices. Owner financing is available for this turnkey business opportunity. Contact the broker Tony Sica at 516-330-8558 for more details.In addition, please register with the listing number above by going to vestedbb.com, enter this number into the search bar, expand the listing, click on �view free financials�, fill out the short contact form and you are registered. This is our electronic non-disclosure agreement.Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at [email protected] or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers. For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-36604 for instant access to this business information.
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