Large, Profitable Autobody Business For Sale

CT

Large, Profitable Autobody Business For Sale
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Asking Price: $500,000

Cash Flow: $180,356

Gross Revenue: $1,528,058

EBITDA: N/A

FF&E: $100,000

Inventory: $25,875

Established: 1924

Large, Profitable Autobody Business For Sale

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Business Description

This established profitable auto-body shop in Western Connecticut has been pre-qualified for bank financing.

Excellent books and records, strong employee culture, decades-long local business reputation.

Detailed Information

Inventory:
Included in asking price
Employees:
7 FT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
9-bay, 8,330 square foot building. Frontage on main business thoroughfare (30,000 daily traffic count). Phase II Environmental Studies are available. Seller is ready to work with Buyer to clear CT's Property Transfer Act. Option to lease for $5,000/month NNN or purchase for $875,000.
Competition:
Smaller competitors with less scale may be struggling, but autobody businesses like this with $1mm+ in revenues can thrive in the industry.
Growth & Expansion:
Business open only five days per week with minimal advertising expense.
Financing:
Lender pre-screened with $100k down.
Support & Training:
Will train for 4 weeks @ $0 cost. This business's certified technicians offer full range of services including, Mechanical Service and Repairs, Autobody Paint & Restoration, Emergency Towing and Flatbed Services, Frame Straightening and Custom Services that differentiate the business in the market.
Reason for Selling:
Owner looking to retire.
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Alan Zinser

Business Listed By:
Alan Zinser

Murphy Business & Financial Corporation

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