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Auto Collision Shop with Property

Suffolk County, New York

Asking Price: Gross: Cash Flow:
$340,000 $500,000 $150,000

Furniture and Fixtures Value:
$100,000 ( not included in the asking price)

Inventory Value:
$0 ( not included in the asking price)

Real Estate:
$0 ( not included in the asking price)

Business Summary:
LISTING ID # 35717Located in the East End, this niche auto collision and repair shop with a paint room is a fantastic opportunity. With a legal status grandfathered in for 50 years, this shop can hold 5 or 6 cars inside. The property spans 2 acres and includes parking spaces for trucks and cars, which can be rented out for additional income. Surprisingly, the real estate taxes are only $8,000 per year. The shop's location, slightly off the main road, makes it ideal for a large trucking company, limo company, or any type of auto, truck, bus, or transportation company. It is also suitable for a large contracting, landscaping, or tree cutting company. The spacious lot has the potential to accommodate over 100 vehicles with some cleanup. The shop can be rented for $6,000 monthly plus real estate tax, but the seller's preference is to sell both the business and the real estate together. The total price for the business and real estate is $1,200,000 through PMTG REALITY GROUP, with the possibility of seller financing available. A clean Phase 1 testing has been conducted. Currently, the seller collects $2,000 in monthly rent, but there is significant potential to triple that amount under new ownership. This is a money-making opportunity that shouldn't be missed. For more information, please contact broker and agent Jim Aloi at 631-375-4100.Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at [email protected] or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers. For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-35717 for instant access to this business information.

 
   
   
Year Business was Established: 1973
   
Number of Employees: 2 FT/1 PT  
   
Owner willing to finance: Yes  
   
Owner willing to train: Seller will train  
   
Reason for selling: Other interests  
 

 

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