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Auto Body

Union County, New Jersey

Asking Price: Gross: Cash Flow:
$60,000 $158,000 $47,716

Business Summary:
Well established for 46 years with updated equipment in a 2 bay license body shop located in an intercity area in an industrial park setting. Reputable shop. Needs owner/operator to be hands on to bring it to the next level. Upside tremendous w/ used car dealer license in order to attend auctions/to buy wholesale/fixer upper/and sell retail. New waiting area has been completed in order to establish rapport w/ insurance companies. Dupoint paint mixer machine (supplier). Includes Spray booth, and paint cabinet plasma cutter, Mig Welder, and air flow mask, frame machines for straightening. Parking indoors for 8 cars and outside parking for 9. Special relationship has been established based on bartering in order for owner of property to allow for cars to be parked on his property. License used car dealer to retail. Other expenses: credit card 1k + bank fees $500k. For further information please contact Jim Hamdan at 908-851-9040 Ext. 210.

 
   
   
Year Business was Established: 1963
   
Number of Employees: 1  
   
Facilities / Terms of Lease: 2 bays – parking for 8 cars (indoor). Good condition  
   
Competition: Several  
   
Owner willing to finance: All cash  
   
Owner willing to train: 2 weeks  
   
Reason for selling: Has other business interests  

 

 

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