Huge Auto Body with Property - 10,000 sq. ft - 25411

Suffolk County, NY

Huge Auto Body with Property - 10,000 sq. ft   - 25411
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Asking Price: Get Financing: $560,000

Cash Flow: $213,069

Gross Revenue: $442,397

EBITDA: N/A

FF&E: $150,000

Inventory: $25,000*

Established: N/A

*not included in asking price.

Huge Auto Body with Property - 10,000 sq. ft - 25411

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Business Description

Huge Auto Body with property - 10,000 sq. ft. The seller has owned and operated this business for over 15 years. He is looking toward retirement and ready to sell this business and the property. They primarily offer auto body and towing. They are NOT currently a DRP. Most business comes from a Police tow list (10-12 jobs/mth), Insurance work and retail customers off the street. In the past year gross sales were approx. $480,000.00. The sale price includes 2 flatbed tow trucks, 1 spray booth, 3 lifts and more than 9 bays. There is an outdoor yard that can hold up to 80 cars! This huge space has some leased area for an auto repair business and landscaper parking (M to M leases). These three tenants bring in approx. $3,300/mth. in rent. The owner is seeking $560K for the business and $1 million for the property. We are seeking a serious and financially qualified buyer able to provide proof of Funds for at least $1.5 million.

Detailed Information

Inventory:
Not included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
560,000.00 Down & Negotiable. Property available for an additional $1million.
Support & Training:
Seller willing to train
Reason for Selling:
Personal
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Vested Business Brokers, Ltd

Business Listed By:
Vested Business Brokers, Ltd

Vested Business Brokers, Ltd

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