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Auto body-auto repair-auto sales

Belmont, NH (Belknap County)

Auto body-auto repair-auto sales

Asking Price: $269,000

Gross Income: $200,000

Cash Flow: N/A

EBITDA: N/A

FF&E: $25,000

Inventory: $10,000

Real Estate: $244,000

Established: 1962

Employees: 2

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Business Description

Take advantage of the existing sales in this well established auto body that has shown a profit for many years, and 2010 was a strong year for the business. Add some used car sales on highly traveled NH Route 106, and watch your business grow. The house that is included is spacious and has 2/3 bedroom, and a wonderful yard and lawn area.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This business and real estate is located on busy NH Route 106, just South of the 106 and 140 lighted intersection. It features a two bedroom residental house that has been the primary residence of the owner, but could be an income rental unit, as well as a 2,000 square foot commercial building with two overhead doors and bays. The property has 2.61 acres of land and 265 feet of frontage on Route 106. The property is assessed by the town for $284,000.00.
Competition:
This is an established business that has been operating for over 40 years. It is presently an auto body, but has done used car sales in previous years, and some light automotive repairs. Anything automotive related would be permitted by the town.
Growth & Expansion:
Used car and truck sales would be a natural at this location, and younger legs could handle increased business.
Support & Training:
100 hours of training
Reason for Selling:
Retirement. Owner is 76 years old!
Contact Business Seller

Ad#: 626687

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Kevin Sullivan

Business Listed By:
Kevin Sullivan

Coldwell Banker Commercial Weeks Associates

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