| Asking Price |
$2,100,000 | Inventory |
|
|---|---|---|---|
| Gross Income |
$1,900,000 | Real Estate |
|
| Cash Flow |
$675,000 | Year Established | 1995 |
| FF&E |
N/A | Employees | 9 |
* included in the asking price
** not included in the asking price
State of the art, major customer following for repeat and word of mouth advertising. One of a kind with great waiting area, highest quality work with car repair turnaround 40% quicker than industry average. Two major DRP contracts with two largets insurance carriers.Back of building can hold 30 cars outside. Newest equipment in paint mixing, insurance estimates.Approved Financing with good credit and assets. Building is available for $1,500K. No auto body experience is required.
Facilities: Stand a lone building in an affluent town. Auto Body with state of the art equipment, as well as city and state contracts for towing.2,500 sq.ft operation with big 20 year lease.Payroll $32K/ month, rent $7.5K,utilities $2K,materials $12K, insurance $2K, solid financials Nets $700K.
Competition: Known for their name and quality. Two major insurance contracts with largest insurance company.
Growth/Expansion: Can always cultivate more insurance work as well as fleet such as company cars, rental cars.Largest Auto Body in the area.
Financing: SBA Approved 20 % Down
Support/Training: Three weeks, two managers will remain!
Reason Selling: Other Business Interests

Mike Schimmel
718 225-0224
Excel Business Advisors LLC
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