Auto Body Shop for Sale in New York

Nassau County, NY

Seller Financing Available

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Asking Price:$2,400,000
Gross Revenue:$3,500,000
FF&E:$500,000
Cash Flow:$500,000
Inventory:$500,000
Established Year:1973
BUSINESS DESCRIPTION

Auto Body & Collision Shop

LISTING ID # 36604

For 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.


DETAILED INFORMATION
Location
Nassau County, NY
Inventory
Included in asking price
Employees
21
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Financing
1,500,000.00 Down & $900k for 60 months @ 7%
Support & Training
Seller will train
Reason for Selling
Retirement
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Vested
Business Brokers, Ltd
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Vested Business Brokers, Ltd