Ready For New Owner- Turnkey Auto Body Shop For Sale

CT

Ready For New Owner- Turnkey Auto Body Shop For Sale

Asking Price:$80,000

Cash Flow:$21,418

Gross Revenue:$223,198

EBITDA:N/A

FF&E:$27,175

Inventory:$3,000*

Established:1968

*not included in asking price.

Ready For New Owner- Turnkey Auto Body Shop For Sale

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Business Description

Price Reduced! This auto body business has been in continuous operation for 47 years, with an excellent reputation and located in an auto services cluster in the Greater Waterbury area. This is a turnkey operation, coming with tools and equipment ($23K FMV). Owner will enter into a long-term lease with buyer. Currently, the business is being run at 25% capacity by owners looking to retire. Lender pre-qualified.

Detailed Information

Inventory:
Not included in asking price
Employees:
2 FT / 3 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The auto body shop takes up 4,500 sq ft of larger, 21,000 sq ft automotive services building. Seller will enter into long-term lease with buyer.
Competition:
The business is located in a well-known, automobile-services cluster serving the Greater Waterbury Connecticut markets.
Growth & Expansion:
At present, the business is not a DRP shop, nor does the business advertise. At present, the business generates over $200,000 per year on reputation and is poised for significant operating leverage upside from an ambitious new owner.
Financing:
Lender pre-screened w/ $16K down.
Support & Training:
Will train for 6 weeks @ no cost. Owner/operator opportunity.
Reason for Selling:
Owner retiring.

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Alan Zinser

Business Listed By:
Alan Zinser

Murphy Business & Financial Corporation

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Murphy Business

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