Auto Body Shop
Relocatable, NJ Middlesex County
Asking Price:
$1,500,000
Annual Revenue:
$1,433,408
Request More Information Contact the Seller
- RE: Auto Body Shop
- Contact: Joe Chiarello
Quick Facts
| Asking Price: | $1,500,000 | |
| Annual Revenue: | $1,433,408 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $197,242 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $550,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1954 | |
| Employees: | 5 | |
| BBN Listing #: | 980894 | |
| Broker Reference #: | 3403-18648 |
Business Overview:
Location..location...location is key! This very well run and very profitable Auto Body Shop which has been around for close to 30 years and now the owner is looking to pass it onto the right buyers.
KEY POINTS:
- They have their DEALER LICENSE - not utilizing it!Â
- very clean tax returns
- Did we mention location..location..location! Rt1 property..lot's of traffic
- owner willing to stay on for 1 year for a smooth transitionÂ
- Currently dealing with 10 dealerships
- 2 buildingsÂ
- BIG LotÂ
- Longterm employeesÂ
- Owner is selling the property for $2.5M
- surrounded by lots of car dealers
GROWTH OPPORTUNITIES:
- owners don't advertise at all so doing this will increase sales!
- can take on more accounts..owners are content with what they have and have not taken on anymore accounts.... but it's there
- hire second shift...the demand is there for it
- can do police towing..opportunity is there.. owners don't want to do it
- make use of Dealer License...current owners not using itÂ
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Property Features and Assets:
Assets = $900,000
Reason for Selling:
Retirement.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more New Jersey businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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