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Long Established, Profitable Auto Body Repair Shop for Sale

Nassau County, NY, USA
Updated 3 days ago

This is an exceptional opportunity to acquire a well-established, profitable Auto Body Repair Business, centrally located in Nassau, LI. The seller has owned and operated the business at its’ present location since 1980. Over the years, ownership has established the business as a high-quality shop and developed a good reputation with referral sources and customers. The seller takes pride in his work and has worked hard to establish this quality reputation. All the shop equipment is in excellent condition (including 27 ft. down draft paint booth, etc.). The shop is a fully equipped, legal collision shop in full compliance with all environmental, fire and other codes. The Seller has reached retirement age and relies on two managers to run the business. In addition to public sales, the firm has agreements with four (4) fleet service providers (DRP referral programs).

Inventory

$15,000

Internal Id

RaptID5573

Financing Notes

Seller will consider financing to qualified buyer, with a 50% down payment.

Growth & Expansion

It is anticipated that the business will grow under the guidance of a more active owner.

Inventory Included

Yes

Support & Training

Buyer will remain on staff for period of time to assist in transition.

Number Of Employees

11

Reason for Selling

Seller has reached retirement age.

Financials

Asking Price
$650K
RevenueMost Recent Year
$1.9M
Earnings (SDE)Last Reported
$295K
Assets ValueIncluded in Asking Price
$100K
Seller Financing
Not available

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