Sale includes: The Entire Business, all Equipment & all Fixtures.
This auto body and vehicle repair shop has been in business for over 50 years and with consistent profitability. This is a rare independent shop and not a franchise. Even more rare is the fact that this business has continued to flourish very well through a variety of economic situations over the last five decades and even with an absentee owner for a significant portion of that time. The business works hand-in-hand with most all major auto insurance carriers in order to achieve the perfect outcome on your vehicle and to restore it to showroom condition. This shop has a great reputation with a very experienced group of craftsman who have been with the business for many years.
The business is located in an area that has served it well for over five decades. The building can accommodate a number of vehicles as well as parking space in and around the property. This is a proven business with room for considerable growth with an actual owner operator. The sellers are very happy to provide training and as discussed during the purchase process.
Asking Price/Business only: $265,000.00 plus inventory
Lease details (approximately):
Gross annual sales (approximately): $634,007.00 (2009)
Cash flow (approximately): $155,812.00 (2009)
Value of inventory (approximately): $10,000.00 (not included in asking price)
The lease expiration in negotiable. The base rent is currently $4,000.00/month. The RE taxes were $22,000 for 2008. The building size is approximately 7,090 sq ft.